Birdwatch Note Rating
2023-07-27 13:49:08 UTC - HELPFUL
Rated by Participant: DD6AC9EC5108CCF5F4D2362CAA24A5B1AE9AFF742A2499D6620D65B95477E425
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