Birdwatch Note Rating
2023-07-27 22:41:17 UTC - NOT_HELPFUL
Rated by Participant: 9F9B841F403F4C80E1CF6D22925D7CCE7131AF5880E5254047966E9EB1432BF9
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