Birdwatch Note Rating
2023-07-27 11:23:06 UTC - HELPFUL
Rated by Participant: FA28A16EC7A149D4F54812B60B95AF68A53F6DBCC18652D5C8BA7ABD60A4ED64
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