Assume that a trader in HSBS has bought EUR 10,000,000 on Feb 03, 2020. Estimate one day VAR with a 95% confidence interval for the FX position with the Historical Simulation approach. Compose some examples of losses from bank trading operations that demonstrate various realizations of operational risks: 

a) Failed internal processes 

b) People and systems 

c) External events

Answer rating: 100% (QA)

a Failed internal processes Examples Fraud security failure legal ... View the full answer