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Mizuho Financial Group Inc. announced Friday that it will cut the pay of top executives over the trading blunder committed by Mizuho Securities Co.

Among the executives to be affected by the Dec. 8 blunder are Mizuho Financial Group President Terunobu Maeda and Mizuho Corporate Bank President Hiroshi Saito, whose pay will be cut by 30 percent for one month, officials said.

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