Birdwatch Note Rating
2023-07-27 13:16:34 UTC - SOMEWHAT_HELPFUL
Rated by Participant: F213AF1F7D1FDA12288970889AEE480B381EAFAD0E4727A5F7C229C6D74B3803
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