Birdwatch Note Rating
2023-07-27 09:21:03 UTC - NOT_HELPFUL
Rated by Participant: A5520FF073BCEA3BA5AC61FAF1BA6E7F1D3F59CA3B9985B112942665379C92F4
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