Birdwatch Note Rating
2023-07-27 20:40:31 UTC - NOT_HELPFUL
Rated by Participant: F15CC2F1C98A5BA4CEB79A1E3A5C18CE7CA5FD35A87DCE708F10EF4A57185BAB
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