Birdwatch Note Rating
2023-07-27 20:48:43 UTC - SOMEWHAT_HELPFUL
Rated by Participant: D4C7FE91EED5CBD482C183BC1656B394262200027B4B38C47CF94F53B2B9E934
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