Birdwatch Note Rating
2023-07-27 09:30:26 UTC - NOT_HELPFUL
Rated by Participant: C1A764E366D0D02A2209E41F41B95BBBAEC07F1E0E196A08F096510373BD9593
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