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Aso on Mizuho's false report

NARITA, Japan - Financial services minister Taro Aso speaks with reporters at Narita airport near Tokyo on Oct. 10, 2013, before leaving for Washington to attend a meeting of Group of 20 finance chiefs. Aso said that it is "extremely regrettable" that Mizuho Bank submitted to his agency a false report on its lending to crime groups.

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Mizuho's Maeda testifies in Diet

TOKYO, Japan - Terunobu Maeda, president of Mizuho Holdings Inc. troubled with a prolonged computer glitch, speaks in testimony at the House of Councillors Financial Affairs Committee on April 16. Maeda said he will consider how to take responsibility after solving the problems and working out countermeasures.

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Mizuho Bank suffers system failures at branch counters across Japan

Mizuho Bank suffered Friday system failures that prevented its branch counters across Japan from conducting transactions, such as deposits, withdrawals and transfers, its parent company said, the latest in a series of system crashes that have hit the major Japanese lender. Mizuho Trust & Banking Co. also suffered similar malfunctions at its branch counters, according to the major banking group Mizuho Financial Group Inc., but the group's internet banking and automatic teller machines were unaffected. The four earlier system failures occurred over about two weeks from Feb. 28 this year. A total of 4,300, or about 80 percent, of Mizuho's ATMs nationwide were affected, with more than 5,000 bank cards and bank books swallowed by the machines.

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Mizuho Bank suffers 5th Japan-wide system failure of 2021

Mizuho Bank suffered its fifth system failure of the year on Friday that prevented the completion of deposits, withdrawals, transfers and other transactions at its branch counters across Japan, its parent company said. "We take it extremely seriously that the failure happened while we were working to prevent any recurrence following the previous crashes in February and March," Mizuho Financial Group President and Group CEO Tatsufumi Sakai said at a press conference as he apologized to those affected by the problem. The latest crash came as the Financial Services Agency is investigating the system failures in February and March with an eye to issuing a business improvement order to Mizuho.

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Mizuho's Maeda testifies in Diet

TOKYO, Japan - Terunobu Maeda, president of Mizuho Holdings Inc. troubled with a prolonged computer glitch, speaks in testimony at the House of Councillors Financial Affairs Committee on April 16. Maeda said he will consider how to take responsibility after solving the problems and working out countermeasures.

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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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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.

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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.

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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.

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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 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.