All posts tagged "Mizuho"
-
135JapanJapan 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 -
270FeatureBank 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 -
103Japan
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 -
200JapanMizuho 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 -
1.4KEnforcementUS 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 -
284Enforcement
Japan FSA to Inspect Mizuho Over System Failures
The FSA will consider whether to take disciplinary action such as issuing a business improvement order against the bank.
March 25, 2021 -
233Japan
JBA Issues Guidance in Response to Mizuho Glitches
Banks are asked to carefully prepare for any major system upgrades involving extensive data processing, and to ensure appropriate lines of communication are established.
March 16, 2021 -
388FeatureJapan FSA To Review ESG Fund Labelling Rules
Discussions with asset managers and fund distributors may start by June to assess whether rules for mutual fund labels can guard against greenwashing.
March 4, 2021 -
267Japan
Japan’s Mizuho Bank Suffers Another Outage at ATMs
Another system failure took down 29 Mizuho ATMs for three hours on Wednesday, just days after more than 5,000 ATMs went offline.
March 4, 2021 -
156Japan
FSA to Seek Report from Mizuho Over ATM Network Shutdown
A system glitch caused the shutdown of over half of Mizuho’s ATMs on Sunday, with internet banking transactions also partially halted.
March 2, 2021
