Birdwatch Note Rating
2023-07-28 07:46:50 UTC - NOT_HELPFUL
Rated by Participant: 47FD36B53956034169883697CC5C7D595006B2A90E5393A2EEC4B2111C2767AC
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