All posts tagged "Mizuho"
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137JapanMizuho Experiences Eight System Glitch for the Year
The system failure affected 387 transactions for foreign exchange trades. Mizuho is required to submit a report on its IT systems to the FSA by 29 October.
October 8, 2021 -
166ChinaICMA, NAFMII Publish Guidance on China Interbank Bond Market
The guidance includes a handbook on investing in the CIBM, as well as a set of case studies to help foreign companies better understand panda bond issuance.
September 27, 2021 -
280EnforcementJapan FSA to Oversee System Improvements at Mizuho – Report
An FSA team will directly oversee a system inspection and improvements at Mizuho following seven system failures at the bank this year.
September 22, 2021 -
239Japan
Mizuho Suffers Seventh System Failure For the Year
The latest failure disrupted about 100 ATMs due to a “hardware problem”, though affected services were restored quickly.
September 13, 2021 -
533Enforcement
Mizuho Unable to Identify Cause of System Failure
In a report to the FSA, Mizuho says it will revamp its system restoration procedures, review its customer response measures, and reassess its core banking system.
September 2, 2021 -
293Japan
Japan FSA Considers Sanctioning Mizuho for System Glitches
A new report from a third-party committee has attributed the bank's system failures to poor corporate culture within Mizuho Financial Group.
June 15, 2021 -
374FeatureBank Losses from Archegos Collapse to Exceed $10bn
New disclosures from UBS and Nomura have raised estimates of the total losses to banks to over $10.5bn.
April 29, 2021 -
150Japan
Mizuho Head to Turn Down JBA Chairmanship – Report
Mizuho Financial Group president and group CEO Tatsufumi Sakai was due to take over as JBA chairman on 1 April.
April 15, 2021 -
256JapanMizuho May Seek Compensation from Hitachi for System Glitch
The delay of 263 transactions for corporate clients was said to be caused by a malfunction in a disk storage device made by Hitachi.
April 7, 2021 -
2.6KEnforcementUS SEC Opens Preliminary Investigation into Archegos Collapse
Credit Suisse expects a $4.7bn loss from the collapse of Archegos. The bank has suspended share buybacks, cut its dividend, and announced the departure of seven key executives.
April 7, 2021
