Birdwatch Note Rating
2023-07-27 10:31:00 UTC - HELPFUL
Rated by Participant: 4C8528973B062A8A319B15944A1DEB31C6EB442E3FB84CA772A1AF88AC9BC447
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