Economy

Mizuho's top leadership to resign after regulator slams response to system crashes

Japan finance watchdog hits bank with business improvement order

20211126N Mizuho presser

Mizuho Financial Group President Tatsufumi Sakai, left, attends a news conference on Nov. 26 with Mizuho Bank President Koji Fujiwara. (Photo by Karina Noka)

Nikkei staff writers
November 26, 2021 16:40 JST
Updated on November 26, 2021 23:59 JST

TOKYO -- Japan's financial watchdog on Friday urged Mizuho Bank and its parent Mizuho Financial Group to clarify responsibility for eight system failures that disrupted bank operations this year.

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