Nov 26 (Kyodo) - Mizuho Financial Group Inc. chairman and president as well as the head of its banking unit will resign next spring following a series of system failures that have hurt public confidence in one of Japan's major financial institutions, sources with knowledge of the plan said Thursday.
The departure of the three -- Mizuho Financial Chairman Yasuhiro Sato, President Tatsufumi Sakai and Mizuho Bank President Koji Fujiwara -- is expected to be finalized at a board meeting Friday, the sources said. ...continue reading