Regulatory environment for banks: Describe the key features of Basel III that is different from Basel II (present in a table format.) Bank of City has the following financial statement. [10 points] What is the risk-weighted value of the assets according to BASEL? What is the ratio of eligible capital (i.e., T1+T2) ratio?- Assets ($ Cash 6 Government Debt Securities 14 Due from OECD banks 404 50- Corporate Loans Personal Loans Residential Mortgages Property and Buildings Other Long-term Assets 26- 24 25 154 Total Assets $2004 Liabilities and Equity ($) Short term Liabilities Senior Long-term Debt Subordinated Debt 5yrs Non-callable Pref. Shares 110- 69 94 4 2 Total Liabilities $ 194 Reserves Shareholders' Investment Retained Earnings 1 3 24 Total Equity $ 6 Total Liabilities and Equity $200 Regulatory environment for banks: Describe the key features of Basel III that is different from Basel II (present in a table format.) Bank of City has the following financial statement. [10 points] What is the risk-weighted value of the assets according to BASEL? What is the ratio of eligible capital (i.e., T1+T2) ratio?- Assets ($ Cash 6 Government Debt Securities 14 Due from OECD banks 404 50- Corporate Loans Personal Loans Residential Mortgages Property and Buildings Other Long-term Assets 26- 24 25 154 Total Assets $2004 Liabilities and Equity ($) Short term Liabilities Senior Long-term Debt Subordinated Debt 5yrs Non-callable Pref. Shares 110- 69 94 4 2 Total Liabilities $ 194 Reserves Shareholders' Investment Retained Earnings 1 3 24 Total Equity $ 6 Total Liabilities and Equity $200