Birdwatch Note Rating
2023-07-27 09:17:30 UTC - HELPFUL
Rated by Participant: 73BCD60021E04DD9F568C865C9DC89971D69E969A2414581F5B9F6C4FDEB34E7
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