Birdwatch Note Rating
2023-07-27 18:29:09 UTC - NOT_HELPFUL
Rated by Participant: 9215EA08320740FE8BA08A652EE6816EBC4BC3EE7E4CAA749A99985029CCCB33
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