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Mizuho s system failures caused by corporate culture, third-party probe says

Mizuho s system failures caused by corporate culture, third-party probe says
channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.

Mizuho fourth quarter profit more than doubles, beats estimates

Mizuho sees no issues affecting profit forecast after FT reports internal probe

2 Min Read TOKYO (Reuters) -Japanese financial firm Mizuho Financial Group Inc may face a loss of 10 billion yen ($90 million) from deals with Archegos Capital Management, the Nikkei newspaper reported on Thursday. FILE PHOTO: Mizuho Financial Group logo is seen at the company s headquarters in Tokyo, Japan August 20, 2018. Picture taken August 20, 2018. REUTERS/Toru Hanai The Financial Times earlier reported that Mizuho had conducted an investigation into its possible losses related to the U.S.-based fund, and its potential losses could be similar to those of the brokerage arm of Mitsubishi UFJ Financial Group Inc. MUFG on Wednesday estimated its loss at around $270 million.

Mizuho sees no issues affecting profit forecast after FT reports internal probe

Mizuho sees no issues affecting profit forecast after FT reports internal probe
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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