Mizuho's top executives to resign over system failures

Mizuho's top executives to resign over system failures

Pedestrians are reflected in the logo of Mizuho Financial Group outside a Mizuho Bank Ltd branch in Tokyo, Japan. Photographer: Tomohiro Ohsumi/Bloomberg

Mizuho Financial Group said on Friday its chief, chairman and three other executives will resign as financial authorities reprimanded Japan’s No. 3 lender for a series of technical system failures.