3 top execs at Mizuho to resign next spring over system failures

Kyodo -- Nov 26
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

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