Birdwatch Note Rating
2023-07-27 12:32:53 UTC - SOMEWHAT_HELPFUL
Rated by Participant: E54E3D916C2B183ED90861A7B6D0810E87D629744EBAD71010EB85BA86FA1049
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