Birdwatch Note Rating
2023-07-27 23:42:15 UTC - NOT_HELPFUL
Rated by Participant: 3ED55F57AD89FB55A77BE5740B430ACD2B844BE32F1352F3B909E1D3CEE2F325
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