Okay use: the Endgame of a degree is to get yourself deeply involved in the universities alumni network, build relationships with specific people that otherwise would be difficult, and leverage all possible resources to launch a great business. Poor (or boring) use: the Endgame of a degree is to get a high paying job. Originates from the idea of playing lots of small games (or completing lots of tasks) in order to achieve a larger result. It's best used in relation to an ingenious plans that are in progress where the overarching goal (the Endgame) may not be obvious. ![]() Informally, people may ask "what's your Endgame" after listening to your plans but not getting what the point of your plan actually is. However, an Endgame scenario does not need to be bad, it may ultimately be a miraculously good outcome for all, though usually a major component is the acquisition of power by the party who planned it, irrespective of the larger consequences to others, good or bad. In movies its often nefarious and the secret objective of a super villain. In the business world its ideally an ingenious business strategy for the purposes of market domination. "You don't want to be penny-wise and pound foolish with those requirements.The ultimate agenda or desired consequence of a planned series of events (often elaborate and unknown to outsiders). It can help promote the economy, ensure a safe and sound banking system and that is in the interest of everyone," acting Comptroller of the Currency Michael Hsu told American Banker. "Having strong capital requirements is important. The heads of both agencies have already signaled their support for the types of changes outlined by Barr. and the Office of the Comptroller of the Currency. Regulators will then consider that input over the course of several months and adjust a final rule accordingly.īarr has noted several times in public remarks and testimony to Congress that any changes called for under a new rule would be phased in gradually over time.Īlong with the Fed's signoff, the proposed rule change will also need the backing of the Federal Deposit Insurance Corp. There is No Game: Wrong Dimension is a 2020 puzzle adventure video game developed by the French company Draw Me A Pixel and released for Windows and macOS on August 6, 2020, on Android and iOS on December 17, 2020, and on Nintendo Switch on April 14, 2021. The Fed estimates the changes would result in an average increase of capital of 2% across the affected banks, though the exact distribution of that increase will be determined by the specific provisions of the proposal.Īssuming the proposed rule change discussed next week is approved by a majority of the Fed's board of governors, the meeting will mark the start of a monthslong review period in which members of the public can submit comments and questions. ![]() "These changes would increase capital requirements overall, but I want to emphasize that they would principally raise capital requirements for the largest, most complex banks," Barr said in prepared remarks earlier this month. ![]() While the changes called for would subject midtier banks to regulatory requirements previously reserved for the largest institutions, Barr noted that the new capital requirements would weigh heaviest on the global systemically important banks. Banks with between $100 billion and $250 billion of assets could opt out of having AOCI counted against their regulatory capital requirements, but the proposed rule is likely to eliminate that exemption. Barr also called for changes in how banks calculate and report gains and losses on securities - known as accumulated other comprehensive income, AOCI.
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