Question: (20 Marks) As highlighted in the case study, the financial services group ABSA reported a 122% increase in total operational risk losses which amounted to

(20 Marks) As highlighted in the case study, the financial services group ABSA reported a 122% increase in total operational risk losses which amounted to R535 million. Using relevant evidence and content, examine the reasons which contributed to the operational risk losses for ABSA. Your response should refer to relevant examples

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