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Japan's MUFG Bank head Hanzawa

Japan's MUFG Bank head Hanzawa

MUFG Bank President Junichi Hanzawa (L) bows at a press conference in Tokyo on Dec. 16, 2024. He apologized over the alleged theft of more than 1 billion yen ($6.5 million) by a former employee from customers' safe deposit boxes at the Japanese megabank.

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Japan's MUFG Bank head Hanzawa

Japan's MUFG Bank head Hanzawa

MUFG Bank President Junichi Hanzawa (C) speaks at a press conference in Tokyo on Dec. 16, 2024. He apologized over the alleged theft of more than 1 billion yen ($6.5 million) by a former employee from customers' safe deposit boxes at the Japanese megabank.

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Japan's MUFG Bank head Hanzawa

Japan's MUFG Bank head Hanzawa

MUFG Bank President Junichi Hanzawa (C) bows at a press conference in Tokyo on Dec. 16, 2024. He apologized over the alleged theft of more than 1 billion yen ($6.5 million) by a former employee from customers' safe deposit boxes at the Japanese megabank.

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Japan's MUFG Bank head Hanzawa

Japan's MUFG Bank head Hanzawa

MUFG Bank President Junichi Hanzawa speaks at a press conference in Tokyo on Dec. 16, 2024. He apologized over the alleged theft of more than 1 billion yen ($6.5 million) by a former employee from customers' safe deposit boxes at the Japanese megabank.

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Research launched on pregnancy-induced diseases

Research launched on pregnancy-induced diseases

TOKYO, Japan - Narumi Umeda (R), director of NTT Docomo Inc.'s Research Laboratories, poses with Nobuo Yaegashi, deputy executive director of Tohoku Medical Megabank Organization, at a press conference in Tokyo on Nov. 19, 2014, announcing the launch of a joint project to establish mobile monitoring methods for the prevention and early detection of pregnancy-induced diseases.

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Hyogo Pref., megabank allied for industrial promotion

Hyogo Pref., megabank allied for industrial promotion

KOBE, Japan - Sumitomo Mitsui Banking Co. President Takeshi Kunibe (L) and Hyogo Governor Toshizo Ido display their agreement on a bilateral partnership designed to promote the local business community, including tourism, at the Hyogo prefectural government office in Kobe, western Japan, on July 23, 2014.

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Mizuho Bank's outgoing president

Mizuho Bank's outgoing president

TOKYO, Japan - Yasuhiro Sato (C), president of Mizuho Bank, bows after a press conference in Tokyo on Jan. 23, 2014, on his resignation following the megabank's involvement in loans to gangsters.

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Mizuho Bank's new president

Mizuho Bank's new president

TOKYO, Japan - Nobuhide Hayashi (front), deputy president of Mizuho Bank, holds a press conference in Tokyo on Jan. 23, 2014, after being named its next president. Hayashi will assume the presidency of the core banking unit of Mizuho Financial Group Inc. on April 1, succeeding Yasuhiro Sato (back), following the megabank's involvement in loans to gangsters.

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Mizuho Bank president

Mizuho Bank president

TOKYO, Japan - Mizuho Bank President Yasuhiro Sato holds a press conference in Tokyo on Dec. 26, 2013. Earlier in the day, the Financial Services Agency ordered the megabank to suspend some of its affiliated loans between Jan. 20 and Feb. 19 over the lender's involvement in transactions with "antisocial forces."

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Mizuho Bank president

Mizuho Bank president

TOKYO, Japan - Mizuho Bank President Yasuhiro Sato bows during a press conference in Tokyo on Dec. 26, 2013. Earlier in the day, the Financial Services Agency ordered the megabank to suspend some of its affiliated loans between Jan. 20 and Feb. 19 over the lender's involvement in transactions with "antisocial forces."

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Megabank personnel shake-up

Megabank personnel shake-up

TOKYO, Japan - File photo shows Sumitomo Mitsui Banking Corp. Senior Managing Director Takeshi Kunibe (L) and Koichi Miyata, another senior managing director of the major Japanese bank. Kunibe will succeed Masayuki Oku as president of SMBC, while Miyata will replace Teisuke Kitayama as president of Sumitomo Mitsui Financial Group Inc., SMBC's holding company, on April 1, 2011, the two firms said Jan. 28, 2011.

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Mizuho to reshuffle top managers at holding firm, group banks

Mizuho to reshuffle top managers at holding firm, group banks

TOKYO, Japan - (From left) Terunobu Maeda, current president of Mizuho Financial Group Inc., Takashi Tsukamoto, next president of the holding company, Satoru Nishibori, next president of Mizuho Bank, and Yasuhiro Sato, next president of Mizuho Corporate Bank, give a press conference at the Bank of Japan headquarters Jan. 16. Mizuho Financial Group said it will reshuffle top managers at the holding company and the two key group banks in April as the Japanese megabank combats a sharp economic downturn sparked by the global financial turmoil.

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(2)New banks, nonlife insurers kick off operations

(2)New banks, nonlife insurers kick off operations

TOKYO, Japan - Shigemitsu Miki (L), president of Mitsubishi Tokyo Financial Group Inc., and its chairman Akio Utsumi, cut a ribbon at a ceremony in Tokyo on April 2 to mark the launch of the company, a merged body of the Bank of Tokyo-Mitsubishi, Mitsubishi Trust & Banking Co. and Nippon Trust Bank. Mitsubishi-Tokyo is one of three megabank groups which began operations the same day.

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(1)New banks, nonlife insurers kick off operations

(1)New banks, nonlife insurers kick off operations

TOKYO, Japan - Hideo Ogasawara, president of UFJ Holding Inc., a holding firm of Sanwa Bank, Tokai Bank and Toyo Trust & Banking Co., speaks at the company's opening ceremony in Tokyo on April 2. Three new megabank groups -- Sumitomo Mitsui Banking Corp., formed by the merger of Sumitomo Bank and Sakura Bank, Mitsubishi Tokyo Financial Group Inc., a merged body of the Bank of Tokyo-Mitsubishi, Mitsubishi Trust & Banking Co. and Nippon Trust Bank, as well as UFJ Holdings Inc. -- began operations the same day.

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(3)New banks, nonlife insurers kick off operations

(3)New banks, nonlife insurers kick off operations

TOKYO, Japan - Akeshige Okada (L), chairman of Sumitomo Mitsui Banking Corp., and its chairman Yoshifumi Nishikawa shake hands at a ceremony to mark the launch of the company in Tokyo on April 2. The day's launches of three megabank groups, including Sumitomo Mitsui, usher in a new era of Japan's Big Four megabank groups.

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HSBC Logo

HSBC Logo

Keywords: HSBC, The Hongkong and Shanghai Banking Corporation Limited, commercial bank, megabank, financial industry, banking industry, company, signage, logo, logo mark = September 10, 2019, Tokyo Branch, Chuo-ku, Tokyo; Credit: The Nikkan Kogyo Shimbun / Kyodo News Images

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HSBC Logo

HSBC Logo

Keywords: HSBC, The Hongkong and Shanghai Banking Corporation Limited, commercial bank, megabank, financial industry, banking industry, company, signage, logo, logo mark = September 10, 2019, Tokyo Branch, Chuo-ku, Tokyo; Credit: The Nikkan Kogyo Shimbun / Kyodo News Images

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HSBC Logo

HSBC Logo

Keywords: HSBC, The Hongkong and Shanghai Banking Corporation Limited, commercial bank, megabank, financial industry, banking industry, company, signage, logo, logo mark = September 10, 2019, Tokyo Branch, Chuo-ku, Tokyo; Credit: The Nikkan Kogyo Shimbun / Kyodo News Images

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Mitsubishi UFJ Bank logo

Mitsubishi UFJ Bank logo

Keywords: Mitsubishi UFJ Bank, MUFJ, Mitsubishi UFJ Financial Group, city bank, financial institution, commercial bank, three major megabanks, megabank = August 5, 2019, Nihonbashi, Chuo-ku, Tokyo; Credit: Nikkan Kogyo Shimbun / Kyodo News Images

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Mizuho Bank Logo

Mizuho Bank Logo

Keywords: Mizuho Bank, Mizuho, MIZUHO, Mizuho Financial Group, city bank, financial institution, three major megabanks, megabank, corporation, signboard, logo, logo mark = August 5, 2019, Nihonbashi, Chuo-ku, Tokyo; Credit: Nikkan Kogyo Shimbun / Kyodo News Images

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Mizuho Bank Logo

Mizuho Bank Logo

Keywords: Mizuho Bank, Mizuho, MIZUHO, Mizuho Financial Group, city bank, financial institution, three major megabanks, megabank, corporation, signboard, logo, logo mark = August 5, 2019, Nihonbashi, Chuo-ku, Tokyo; Credit: Nikkan Kogyo Shimbun / Kyodo News Images

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Mitsubishi UFJ Bank logo

Mitsubishi UFJ Bank logo

Keywords: Mitsubishi UFJ Bank, MUFJ, Mitsubishi UFJ Financial Group, city bank, financial institution, commercial bank, three major megabanks, megabank = August 5, 2019, Nihonbashi, Chuo-ku, Tokyo; Credit: Nikkan Kogyo Shimbun / Kyodo News Images

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Mizuho Bank Logo

Mizuho Bank Logo

Keywords: Mizuho Bank, Mizuho, MIZUHO, Mizuho Financial Group, city bank, financial institution, three major megabanks, megabank, corporation, signboard, logo, logo mark = August 5, 2019, Nihonbashi, Chuo-ku, Tokyo; Credit: Nikkan Kogyo Shimbun / Kyodo News Images

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Mizuho to reshuffle top managers at holding firm, group banks

Mizuho to reshuffle top managers at holding firm, group banks

TOKYO, Japan - (From left) Terunobu Maeda, current president of Mizuho Financial Group Inc., Takashi Tsukamoto, next president of the holding company, Satoru Nishibori, next president of Mizuho Bank, and Yasuhiro Sato, next president of Mizuho Corporate Bank, give a press conference at the Bank of Japan headquarters Jan. 16. Mizuho Financial Group said it will reshuffle top managers at the holding company and the two key group banks in April as the Japanese megabank combats a sharp economic downturn sparked by the global financial turmoil. (Kyodo)

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Panel concludes Mizuho's poor system operation caused ATM failures

Mizuho Financial Group Inc. CEO Tatsufumi Sakai (L) and Mizuho Bank President Koji Fujiwara attend a press conference in Tokyo on June 15, 2021. A third-party panel concluded the same day that a series of system failures that hit the Japanese megabank earlier this year, including many of its automated teller machines, were due to poor operation and management rather than system defects. (Kyodo)

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Software developed to draw up family history of genetic disorders

Software developed to draw up family history of genetic disorders

Professor Akimune Fukushima (L) of Iwate Medical University explains the mechanics of "f-tree," an application program designed to help draw up a medical family history of a person's possible genetic disorders, at a press conference in Morioka, Iwate Prefecture, northeastern Japan, on June 17, 2015. The software has been developed by the university's Iwate Tohoku Medical Megabank Organization, an entity tasked with studying genomic cohorts of regional residents, among other duties. (Kyodo) ==Kyodo

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Japan's Mizuho Bank hit by 4th glitch in two weeks

Japan's Mizuho Bank hit by 4th glitch in two weeks

Mizuho Bank President Koji Fujiwara speaks at a press conference in Tokyo on March 12, 2021, after the Japanese megabank suffered its fourth system glitch in two weeks. The hardware trouble at its data center on the night of March 11 led to a delay of about 300 foreign currency-denominated remittances for corporate customers in Japan.

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Japan's Mizuho Bank hit by 4th glitch in two weeks

Japan's Mizuho Bank hit by 4th glitch in two weeks

Mizuho Bank President Koji Fujiwara speaks at a press conference in Tokyo on March 12, 2021, after the Japanese megabank suffered its fourth system glitch in two weeks. The hardware trouble at its data center on the night of March 11 led to a delay of about 300 foreign currency-denominated remittances for corporate customers in Japan.

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Japan's Mizuho Bank hit by 4th glitch in two weeks

Japan's Mizuho Bank hit by 4th glitch in two weeks

Mizuho Bank President Koji Fujiwara bows at a press conference in Tokyo on March 12, 2021, after the Japanese megabank suffered its fourth system glitch in two weeks. The hardware trouble at its data center on the night of March 11 led to a delay of about 300 foreign currency-denominated remittances for corporate customers in Japan.

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Panel concludes Mizuho's poor system operation caused ATM failures

Panel concludes Mizuho's poor system operation caused ATM failures

Mizuho Financial Group Inc. CEO Tatsufumi Sakai (L) and Mizuho Bank President Koji Fujiwara attend a press conference in Tokyo on June 15, 2021. A third-party panel concluded the same day that a series of system failures that hit the Japanese megabank earlier this year, including many of its automated teller machines, were due to poor operation and management rather than system defects.

  •  
Panel concludes Mizuho's poor system operation caused ATM failures

Panel concludes Mizuho's poor system operation caused ATM failures

Mizuho Financial Group Inc. CEO Tatsufumi Sakai (L) and Mizuho Bank President Koji Fujiwara attend a press conference in Tokyo on June 15, 2021. A third-party panel concluded the same day that a series of system failures that hit the Japanese megabank earlier this year, including many of its automated teller machines, were due to poor operation and management rather than system defects.

  •  
Panel concludes Mizuho's poor system operation caused ATM failures

Panel concludes Mizuho's poor system operation caused ATM failures

Mizuho Financial Group Inc. CEO Tatsufumi Sakai (2nd from L) and Mizuho Bank President Koji Fujiwara (3rd from L) bow in apology at a press conference in Tokyo on June 15, 2021. A third-party panel concluded the same day that a series of system failures that hit the Japanese megabank earlier this year, including many of its automated teller machines, were due to poor operation and management rather than system defects.

  •  
Panel concludes Mizuho's poor system operation caused ATM failures

Panel concludes Mizuho's poor system operation caused ATM failures

Mizuho Financial Group Inc. CEO Tatsufumi Sakai (L) and Mizuho Bank President Koji Fujiwara bow in apology at a press conference in Tokyo on June 15, 2021. A third-party panel concluded the same day that a series of system failures that hit the Japanese megabank earlier this year, including many of its automated teller machines, were due to poor operation and management rather than system defects.

  •  
Research launched on pregnancy-induced diseases

Research launched on pregnancy-induced diseases

TOKYO, Japan - Narumi Umeda (R), director of NTT Docomo Inc.'s Research Laboratories, poses with Nobuo Yaegashi, deputy executive director of Tohoku Medical Megabank Organization, at a press conference in Tokyo on Nov. 19, 2014, announcing the launch of a joint project to establish mobile monitoring methods for the prevention and early detection of pregnancy-induced diseases. (Kyodo)

  •  
Hyogo Pref., megabank allied for industrial promotion

Hyogo Pref., megabank allied for industrial promotion

KOBE, Japan - Sumitomo Mitsui Banking Co. President Takeshi Kunibe (L) and Hyogo Governor Toshizo Ido display their agreement on a bilateral partnership designed to promote the local business community, including tourism, at the Hyogo prefectural government office in Kobe, western Japan, on July 23, 2014. (Kyodo)

  •  
Megabank personnel shake-up

Megabank personnel shake-up

TOKYO, Japan - File photo shows Sumitomo Mitsui Banking Corp. Senior Managing Director Takeshi Kunibe (L) and Koichi Miyata, another senior managing director of the major Japanese bank. Kunibe will succeed Masayuki Oku as president of SMBC, while Miyata will replace Teisuke Kitayama as president of Sumitomo Mitsui Financial Group Inc., SMBC's holding company, on April 1, 2011, the two firms said Jan. 28, 2011. (Kyodo)

  •  
(2)New banks, nonlife insurers kick off operations

(2)New banks, nonlife insurers kick off operations

TOKYO, Japan - Shigemitsu Miki (L), president of Mitsubishi Tokyo Financial Group Inc., and its chairman Akio Utsumi, cut a ribbon at a ceremony in Tokyo on April 2 to mark the launch of the company, a merged body of the Bank of Tokyo-Mitsubishi, Mitsubishi Trust & Banking Co. and Nippon Trust Bank. Mitsubishi-Tokyo is one of three megabank groups which began operations the same day.

  •  
(1)New banks, nonlife insurers kick off operations

(1)New banks, nonlife insurers kick off operations

TOKYO, Japan - Hideo Ogasawara, president of UFJ Holding Inc., a holding firm of Sanwa Bank, Tokai Bank and Toyo Trust & Banking Co., speaks at the company's opening ceremony in Tokyo on April 2. Three new megabank groups -- Sumitomo Mitsui Banking Corp., formed by the merger of Sumitomo Bank and Sakura Bank, Mitsubishi Tokyo Financial Group Inc., a merged body of the Bank of Tokyo-Mitsubishi, Mitsubishi Trust & Banking Co. and Nippon Trust Bank, as well as UFJ Holdings Inc. -- began operations the same day.

  •  
(3)New banks, nonlife insurers kick off operations

(3)New banks, nonlife insurers kick off operations

TOKYO, Japan - Akeshige Okada (L), chairman of Sumitomo Mitsui Banking Corp., and its chairman Yoshifumi Nishikawa shake hands at a ceremony to mark the launch of the company in Tokyo on April 2. The day's launches of three megabank groups, including Sumitomo Mitsui, usher in a new era of Japan's Big Four megabank groups.

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