Search result for MIZUHO
MIZUHO BANK EXECUTIVES TO TAKE PAY CUTS OVER ATM SYSTEM FAILURE
Highlights –
- Mizuho Bank executives to take pay cuts over ATM system failure.
- Mizuho Group’s President and Group CEO Tatsufumi Sakai and 10 other executives will take pay cuts.
- Mizuho Bank will recruit executives from IBM Japan ...
MIZHUO BANK ATM FAILURE DUE TO POOR OPERATION & MANAGEMENT
Highlights –
- Mizhuo Bank ATM failure due to poor operation & management.
- A third-party panel concluded the same on Tuesday.
- The panel consisted of lawyers and system management experts.
- On Feb. 28, its systems were over...
JAPAN ESTIMATES ECONOMIC LOSS OF $9.2 BILLION OVER VIRUS EMERGENCY
Highlights –
- Japan estimates economic loss of $9.2 billion over virus emergency.
- The government's decision to extend the emergency will have a negative impact of 600 billion yen.
- The Japanese economy is expected to have plunged in...
JTB CORP. TO BOOST ITS CAPITAL THROUGH DEVELOPMENT BOJ FUNDING
Highlights –
- JTB Corp. to boost its capital through Development BOJ funding.
- JTB’s capital adequacy ratio stood at 11.4 percent.
- JTB is expected to record a net loss of 100 billion yen in FY 2020.
- Preferred shares are...
JAPAN FSA ORDERS MIZUHO BANK TO SUBMIT PREVENTIVE MEASURES FOR SYSTEM FAILURE
Highlights –
- Japan FSA orders Mizuho Bank to submit preventive measures for system failure.
- Last weekend Mizuho Bank had a major system failure at their ATMs around the country.
- The problem resulted in over 4,300 ATMs failing to funct...
MIZUHO BANK RESTORED ITS ATM SERVICES ON MONDAY
Highlights –
- Mizuho Bank restored its ATM services on Monday.
- The bank’s ATM system failure prevented customers from withdrawing cash from machines across the country.
- The bank is said to conduct a third-party investigation.
JAPAN’S SOCIAL DEMOCRATIC PARTY TO SPLIT AND JOIN CDPJ
Highlights –
- Japan’s Social Democratic Party to split and join CDPJ.
- SDP will allow its parliament and local assembly members to leave the party.
- SDP chief Mizuho Fukushima is said to stay with the party.
- Kantoku Teru...
ANA HOLDINGS CO. TO ACQUIRE $3.8 BILLION IN LOANS FROM BANKS
Highlights –
- ANA Holdings Co. to acquire $3.8 billion in loans from banks.
- Four commercial banks and government-backed banks expected to extend the capital.
- The loan is to bolster the capital base for its airline operator’s earn...
SUMITOMO MITSUI AND MIZUHO REPORT VOTE COUNTING OF SHAREHOLDERS MEETING MISHANDLED
Highlights –
- Sumitomo Mitsui and Mizuho report vote counting of shareholders meeting mishandled.
- Over 1,346 firms in Japan faced the problem.
- Mitsui will consult over possible compensation for the mishandling of votes.
- Japa...
JAPAN BANKS TO LOAN QATAR $330 MILLION TO BUILD THE 1ST MEGA SOLAR POWER PLANT
Highlights –
- Japan banks to loan Qatar $330 million to build the 1st mega solar power plant.
- Japan Bank for International Cooperation and Mizuho Bank has signed the deal with Qatar.
- The facility will be the world’s largest sola...