Birdwatch Note Rating
2023-07-27 13:38:52 UTC - HELPFUL
Rated by Participant: 3F361ED8DAD3E30DA997E01F8EA5536C375A5E6A7101E311D77886D9D9453C28
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