Birdwatch Note Rating
2023-07-27 20:45:38 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 9DF78677E108D875C6D8287CD10F41DBD08707AE7D4391A17662FA828FFB4091
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