Birdwatch Note Rating
2023-07-27 22:57:33 UTC - HELPFUL
Rated by Participant: 514F61118D938C958F5BE8CF9C67780D7244CFE6BDFDFB892DC0F27595106B40
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