Birdwatch Note Rating
2023-07-27 09:15:50 UTC - NOT_HELPFUL
Rated by Participant: 9E86A4E18FDB5C79C1A1C654360A812423DBBF38FD9E43289051D8D536A857B6
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