Birdwatch Note Rating
2023-07-27 16:43:58 UTC - NOT_HELPFUL
Rated by Participant: 8FBE5F089AC1C1BB203E595BAB69BB1D934254C2CB3E22803006677395CE844E
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