Birdwatch Note Rating
2023-07-27 13:16:31 UTC - HELPFUL
Rated by Participant: 828450EEE84F0252779267448ADBCC8B3B5CA765515BFD4DF0F37327367C1C82
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