148 Japan's Zengin interbank data system "glitch" delays transfers at 11 banks for 2nd day in a row affecting $81B (x2) of interbank transfers. More than 1 million people unable to pay bills or use ATMs (www.upi.com) posted 1 year ago by CoolAsACucumber 1 year ago by CoolAsACucumber +148 / -0 Japanese banks crippled by systems outage affecting $81B of interbank transfers - UPI.com A clearing systems outage affecting 11 of the largest banks in Japan on Tuesday, including MUFG, Mitsubishi Trust and JPMorgan Chase, left more than a million customers unable to make electronic transfers to other banks. 33 comments share 33 comments share save hide report block hide replies
Is this an on demand liquidity issue?
Sounds like it. The global system is on life support. They must have war to get liquidity. Gregory Mannarino