Birdwatch Note Rating
2023-07-27 21:49:18 UTC - HELPFUL
Rated by Participant: 7F580B01ABD60D5155F96D26F2223874AD093C6C81EED71FDD58D3BF0DDDEAE8
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