Birdwatch Note Rating
2023-07-27 11:36:28 UTC - HELPFUL
Rated by Participant: 27D939149D14EAE949C9A5FF45C07919705AF842C9A2CF894BB289550EC89EB3
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