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Presentation of 20 years of residential architecture in Zurich.
Structural liquidity risk is a material risk resulting from the core banking business of taking in short-term deposits and lending out long-term loans, thus allowing a maturity mismatch between assets and liabilities. At some point the long-term loans will require refinancing and the institution is at risk of an adverse development of refinancing costs.This book proposes a model for the quantification of structural liquidity risk and describes the underlying methodology and assumptions for stressing the refinancing costs. The change in present value between closing open liquidity positions under stressed refinancing costs compared to current costs is the calculated impact on risk-bearing capacity.
A full documentary of ETH Zurich's new LEE building, which breaks new ground in the architect's constructive approach, and including much technical detail.
The first monograph on Luca Selva Architects, who are best known for their residential architecture. Previously unpublished material is featured in the form of images, plans and visualisations.
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