Birdwatch Note Rating
2023-07-27 09:18:33 UTC - HELPFUL
Rated by Participant: 3F7A680E0BB9572E9C7436FF85907A2EFF77FBCEC689B880BEC0BAD7A458DF7A
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