
Unauthorized Trades Shake Financial Landscape: Nomura, SMBC Nikko, and Monex Affected
In a shocking series of events, three prominent financial institutions in Japan—Nomura Securities, SMBC Nikko Securities, and Monex Group—have recently reported significant unauthorized trading activities on their platforms. This unsettling development has raised serious concerns about the security frameworks these firms employ to protect their clients and investors.
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SMBC and Fujitsu Join Forces to Revolutionize Forecasting with AI Technology
In a strategic move aimed at advancing technological capabilities in financial forecasting, Sumitomo Mitsui Banking Corporation (SMBC) has announced a partnership with Fujitsu, a renowned technology services company. This collaboration will harness the power of artificial intelligence (AI) to enhance the bank’s forecasting services for corporate clients, positioning them at the forefront of the financial services sector.
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