Abstract
The financial crisis has highlighted, inter alia, that the financial community as a whole suffered from important limitations and distortions in the perception of risk faced by banks. The distortion materialized in a marked underestimation of risk by the major players in the system: top management, board of directors, rating agencies, regulatory and supervisory authorities, and so on.
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© 2011 Mario Anolli and Elena Beccalli
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Anolli, M., Beccalli, E. (2011). Bank Risk and Analysts’ Forecasts. In: Molyneux, P. (eds) Bank Performance, Risk and Firm Financing. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9780230313873_3
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DOI: https://doi.org/10.1057/9780230313873_3
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