Birdwatch Note Rating
2023-07-27 20:19:07 UTC - SOMEWHAT_HELPFUL
Rated by Participant: E74028EDC088B5DB5A63CE3617C38865AE2100DCCD52DBE8F064BEDAF817078F
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