Birdwatch Note Rating
2023-07-27 11:47:31 UTC - HELPFUL
Rated by Participant: 29909E0E1C6BB66AFCD0FB078414F578F575146B2F6281A30C90FE55D918A40F
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