Birdwatch Note Rating
2023-07-28 06:40:11 UTC - NOT_HELPFUL
Rated by Participant: 25331D72FEA5F93BA6A2779320F82C77C48097530021A800CCCB1C57F5924B54
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