Birdwatch Note Rating
2023-07-28 09:48:38 UTC - HELPFUL
Rated by Participant: 5B729E5DADC3CC314D48112D6B3561E4065937F200E5770C2489B2D7DADC5862
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