Birdwatch Note Rating
2023-07-27 23:34:06 UTC - NOT_HELPFUL
Rated by Participant: C384D7438492FC49E0F5D2E77190B8A181EF9E306ED9E0ADCCCBB171925492C8
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