A bank has multiple lines of business, with a three-year average net income of $58,750.000, categorized as follows: retail banking, 45%; corporate finance, 5%; agency (trust) services, 15%; brokerage and money management, 25%; mortgage (agency) servicing, 10%. What is their operational risk charge, according to the standard approach?

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Answer To calculate the operational risk charge according to the standard approach we need to follow ... View the full answer