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Mizuho, Hitachi Discussing Burden-Sharing over System Glitch

Mizuho, Hitachi Discussing Burden-Sharing over System Glitch

   Tokyo, April 5 (Jiji Press)--Mizuho Bank and Hitachi Ltd. <6501> are discussing how they should share the costs related to losses at client firms of the bank that resulted from the March 11-12 glitch at a Mizuho system developed by the major Japanese machinery maker, it was learned Monday.
   The system glitch happened partly because Hitachi-developed equipment did not switch to a backup device although it went out of order.

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AFP-JIJI PRESS NEWS JOURNAL


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