Japan's Mizuho to change 3 group presidents-Nikkei

TOKYO, Jan 1 (Reuters) - Japan's Mizuho Financial Group (8411.T) will change its president and the presidents of its core banking units as early as April, the Nikkei business daily reported on Thursday.

The report, which did not cite sources, comes a week after Japan's second-largest bank, which has been hit by bad debts amid a deepening financial crisis, said it will raise $4 billion through preferred securities. [ID:nLM709705]

Mizuho is planning to promote deputy president Takashi Tsukamoto to president, Nikkei reported. Current president Terunobu Maeda will become chairman, the paper said.

Mizuho is also considering promoting the deputy president of its corporate lending arm Mizuho Corporate Bank, Yasuhiro Sato, and core bank Mizuho Bank's deputy president Satoru Nishibori, to run each bank, Nikkei reported.

The current presidents are expected to become chairmen of each bank, the paper said.

Mizuho could not be reached immediately for comments. Thursday is a national holiday in Japan.

Mizuho, which suffered a quarterly net loss of 38.4 billion yen in the three months ended in September, has been Asia's biggest casualty from losses on U.S. subprime mortgages. (Reporting by Yoko Kubota; Editing by Kim Coghill)