Birdwatch Note Rating
2023-07-27 22:29:54 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 8B6BE561D20E0C07F9B5259EDFE50F409ED85C55A2F389DB15DDECF084A3D1BF
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