Birdwatch Note Rating
2023-07-27 15:35:52 UTC - HELPFUL
Rated by Participant: 936FA24149B0170872A6B3632A90FF87F48C0E0C8A82C1AF3F402DAA9FD6C832
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