Mizuho hit by system failure despite pledge to improve operations
The trouble occurred despite the bank having pledged to prevent similar failures after financial authorities ordered it to improve operations in November.
Cost-cutting measures by executives to blame for Mizuho glitches, financial watchdog says
The glitches were caused by a reduction in the number of related personnel, which ultimately weakened Mizuho's ability to operate and manage its banking system.
Mizuho ordered by government to improve operations after system failures
The megabank didn't carry out anti-money laundering procedures during the wake of its eighth system glitch on Sept. 30.
Heads of Mizuho Financial and Mizuho Bank to quit over glitches
Mizuho Financial Group, one of Japan's major banking groups, seeks to recover public trust by management taking responsibility through Sakai's resignation.
Combined six-month profits of five Japanese banking groups hit record high
Mitsubishi UFJ enjoyed its highest-ever net profit, partly thanks to the contribution of affiliated U.S. financial giant Morgan Stanley.
Japan's banking regulator to oversee computer system at Mizuho
The administrative measure comes after seven system failures have occurred at the Japanese megabank this year.
Paralympic Games put spotlight on Japan’s tech for disabled
When the Tokyo Paralympic Games came to a close on Sunday, many athletes had managed to get to the finish line, some with medals, thanks to technology from Japan’s largest firms.
Mizuho to review procedures for restoring banking system after glitches
The fifth glitch of the year occurred around 9 p.m. on Aug. 19 in equipment connecting the core system with computers in bank branches.
Mizuho Bank’s fifth outage draws government criticism
All 460 Mizuho Bank branches nationwide were not able to process transactions for about an hour on Friday morning due to an IT hardware failure the previous night.
Most corporations have opposed climate change-related investor proposals, saying that they have already taken appropriate measures.
