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Durch eine Computerpanne wurden mehr als eine Viertelmillionen Transaktionen nicht oder nur zu spät ausgeführt. Damit macht das Bankhaus zum wiederholten Male in Japan eine schlechte Figur. In den vergangenen Jahren waren der Citibank u.A. verschiedene Lizenzen von der japanischen Finanzaufsichtsbehörde entzogen worden. (Source: Japan Times, AP)
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The Financial Services Agency ordered 26 nonlife insurers Friday to make improvements after failing to honor more than 8 billion yen in legitimate insurance claims in a scandal that has deepened worries about the faltering industry. The Financial Services Agency ordered 26 nonlife insurers Friday to make improvements after failing to honor more than 8 billion yen in legitimate insurance claims in a scandal that has deepened worries about the faltering industry. (Source: Japan Times)
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Japan’s government on Monday tried to calm a potentially explosive row with the central bank over the timing of monetary tightening, saying there was no “wavering of trust” in its relationship with the Bank of Japan.
The ministry of finance (MoF) has become increasingly nervous at signs that the central bank is preparing to exit from its ultra-loose quantitative easing policy in the first half of next year as deflation is finally squeezed from the economy. (Source: FT)
(Filed under: MOF/BOJ/FSA )
