Birdwatch Note Rating
2023-07-27 09:49:59 UTC - NOT_HELPFUL
Rated by Participant: 1C8D1E3064F3D9D0A4E45F5B637C3E417F1FCFA57489117069A22288F374B6FB
Participant Details
Original Note:
Marshall Wace declared a short position against NatWest in April 2023 following the collapse of two other high profile banks, Silicon Valley Bank and Credit Suisse. The decision to short was driven by financial analysis conducted by the firm's computer software (TOPS). https://www.telegraph.co.uk/business/2023/07/26/paul-marshall-hedge-fund-nets-millions-bet-against-natwest/ https://www.hedgeweek.com/2023/04/11/320159/marshall-wace-builds-short-bet-against-natwest
All Note Details