The Financial Services Agency on Wednesday ordered Mizuho Holdings Inc. to improve its operations in the wake of a massive computer system failure that left its operations in chaos.
The fiasco began to disrupt the megabank's automated teller machines April 1 and continued for most of the month.
In a news conference held by Mizuho officials, the bank pledged to swiftly implement the series of steps ordered by the FSA to prevent a recurrence of similar accidents and regain public trust.