Mizuho Bank execs face pay cuts over shady loans

TOKYO, Japan - Mizuho Bank President Yasuhiro Sato holds a press conference in Tokyo on Oct. 28, 2013. Sato said his salary will be cut for six months following revelations of the bank's loans to members of organized crime groups but denied he intends to step down over the matter.

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Mizuho Bank execs face pay cuts over shady loans

TOKYO, Japan - Mizuho Bank President Yasuhiro Sato holds a press conference in Tokyo on Oct. 28, 2013. Sato said his salary will be cut for six months following revelations of the bank's loans to members of organized crime groups but denied he intends to step down over the matter.

Mizuho Bank execs face pay cuts over shady loans

TOKYO, Japan - Mizuho Bank President Yasuhiro Sato (far L) holds a press conference in Tokyo on Oct. 28, 2013. Sato said his salary will be cut for six months following revelations of the bank's loans to members of organized crime groups but denied he intends to step down over the matter.

Mizuho Bank execs face pay cuts over shady loans

TOKYO, Japan - Mizuho Bank President Yasuhiro Sato is pictured during a press conference in Tokyo on Oct. 28, 2013. Sato said his salary will be cut for six months following revelations of the bank's loans to members of organized crime groups but denied he intends to step down over the matter.