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Saturday, 23 April 2011 - Mizuho Bank head to resign over computer glitch: report |
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    Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read St. Louis airport closed after storm, homes flattened 9:53am EDT Samsung counter sues Apple over iPhone, iPad 22 Apr 2011 Stefano Langone never wanted to win "American Idol" 22 Apr 2011 Six killed in pro-democracy protests in Syria | 11:10am EDT Libyan troops say leaving Misrata, rebels claim victory | 11:39am EDT Discussed 8 Syrian forces shoot at mourners near Izra’a town 4 Alaska cop found to be illegal immigrant: prosecutors UPDATE 2-Deaths in Pfizer arthritis trial hurt shares Watched McCain visits Benghazi Fri, Apr 22 2011 Nissan checks cars for radiation Fri, Apr 22 2011 NATO hits near Gaddafi compound 2:46am EDT SMALL BUSINESS Entrepreneur's Edge: Instant translation on your smartphone When Otavio Good released the first video of his Word Lens translation app in use, it became a viral phenomenon. Since then he's been busy recruiting programmers to help roll it out to include more languages beyond the original Spanish.  Full Article | Video  New app calculates calories through photos of food Common budget mistakes for tech startups Mizuho Bank head to resign over computer glitch: report Tweet Share this TOKYO (Reuters) - The head of Mizuho Bank, the retail banking unit of Japan's second-largest lender Mizuho Financial Group, will resign by June over a massive computer glitch, the Asahi newspaper reported on Saturday. Mizuho was hit by the glitch... Email Print Related News Morgan Stanley trading turnaround makes progress Thu, Apr 21 2011 Morgan Stanley, MUFG JV to book $1.7 billion loss Thu, Apr 21 2011 Japan's top 3 banks to book $1.9 billion loss on TEPCO Tue, Apr 19 2011 Goldman profit drops, regulations cloud outlook Tue, Apr 19 2011 Most Japan voters want new PM, approve quake tax Mon, Apr 18 2011 Analysis & Opinion White House in a pickle over its GM exit plan What to expect from the IMF, World Bank meetings Related Topics Technology » Japan » Stocks     TOKYO | Fri Apr 22, 2011 9:33pm EDT TOKYO (Reuters) - The head of Mizuho Bank, the retail banking unit of Japan's second-largest lender Mizuho Financial Group, will resign by June over a massive computer glitch, the Asahi newspaper reported on Saturday. Mizuho was hit by the glitch last month after accounts were flooded with donations for a magnitude 9.0 earthquake and tsunami in northeast Japan that killed up to 28,000 people. The computer troubles forced shutdowns of Mizuho's automatic teller machines and disrupted transactions, adding to the woes of businesses and households already badly shaken by the disasters. Mizuho Bank's president, Satoru Nishibori, is seen compiling a plan to prevent a recurrence of such glitches and formally announce his resignation by a shareholders' meeting in June, the Asahi said, without citing a source. Candidates to replace him include Manabu Yoshidome, Mizuho Bank's deputy president, and Takashi Nonaka, president of Mizuho Trust & Banking, the Asahi added. Some form of punishment for Mizuho Financial Group President and CEO Takashi Tsukamoto is also being considered, the newspaper said. (Reporting by Chisa Fujioka; Editing by Robert Birsel) Technology Japan Tweet this Share this Link this Digg this Email Reprints   We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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