Birdwatch Note Rating
2023-07-27 18:53:50 UTC - NOT_HELPFUL
Rated by Participant: 4355977134B27F9ED6D3ACC3453A33E99E5E32D69E77BB98C8E8E82C15885233
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