Japanese banks crippled by systems outage affecting $81B of interbank transfers

News Snapshot:

JPMorgan Chase was one of 11 banks in Japan hit by a systems outage Tuesday affecting the country's largest electronic clearing network that left more than a million customers unable to transfer money to accounts at other banks. File photo by John Angelillo | License Photo Oct. 10 (UPI) -- 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. The Zengin interbank data communication system remained down Tuesday evening local time but instructions already...