Birdwatch Note Rating
2023-07-30 14:34:12 UTC - NOT_HELPFUL
Rated by Participant: C67398AE9626659CE4D2EC0C2BF0F200A32C3EBFFF3E5A9A964AE6504F9D469C
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