How do banking analysts behave around unanticipated news? Evidence from operational risk event announcements
(2021)
Journal Article
We study earnings per share (EPS) forecast revision and accuracy of banking analysts around operational risk event announcements in U.S. banks. We find that first announcements of operational risk events are more informative than their settlement ann... Read More about How do banking analysts behave around unanticipated news? Evidence from operational risk event announcements.