Birdwatch Note Rating
2023-07-27 18:00:47 UTC - NOT_HELPFUL
Rated by Participant: 641625FC12FBEC523F3ABB56D767BA65FD9306F844F5AF3AB6D15831854B9DB6
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