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Edition: U.S. Article Comments (1) Follow Reuters Facebook Twitter RSS YouTube Read Five women brutally murdered in Mexico beach resort 23 Apr 2011 Viral video star Antoine "hide your wife" Dodson arrested 23 Apr 2011 Syrian forces raid homes as Assad opposition mounts | 23 Apr 2011 UPDATE 7-St. Louis airport to reopen after tornado damage 23 Apr 2011 Company owner hoping for "miracle" with trapped Idaho miner 23 Apr 2011 Discussed 1 Five women brutally murdered in Mexico beach resort 1 Wal-Mart tests online grocery delivery in Calif. St. Louis airport to reopen after tornado damage Watched Nissan checks cars for radiation Fri, Apr 22 2011 More clashes at Thai-Cambodia border Sat, Apr 23 2011 Fleeing Misrata 12:37am EDT 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 » Natural Disasters » Stocks The reflection of a man is seen next to a logo of Mizuho Financial Group at a business complex in Tokyo January 12, 2011. Credit: Reuters/Yuriko Nakao TOKYO | Sat Apr 23, 2011 6:16pm 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 Natural Disasters 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 (1) txgadfly wrote: Well my hat is off to Japan and its sense of personal responsibility. Here in the USA you can’t find anyone who is responsible for our derivative disaster or who is responsible for letting derivatives and aggregates remain legal to own. Why do our leaders never do anything wrong? Apr 23, 2011 7:58pm EDT -- Report as abuse See All Comments » Add Your Comment 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. 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