Birdwatch Note Rating
2023-07-27 13:55:14 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 45A527BA3B208D534D039433F5ABCFA4B2E42DD18F8151381F650AB9B194FE02
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