Birdwatch Note Rating
2023-07-28 11:53:18 UTC - HELPFUL
Rated by Participant: 9BD26C12689E490CEE63A287D0E36785B9CF3EBA07BB7C30302FAC594B7AAA81
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