Birdwatch Note Rating
2023-07-27 12:50:21 UTC - NOT_HELPFUL
Rated by Participant: CDA28A1582500CC232315541E8D039F6647ECF2BD1417C53F7211450320CC081
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