Birdwatch Note Rating
2023-07-28 01:42:15 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 2158A9F03192AFBF027C36E5B41CEC29CD6496C60466832CA2C6C2627BDF8639
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