In early May, Katsuyuki Sugita, president of Dai-Ichi
Kangyo Bank (DKB) and co-CEO of the newly created Mizuho Bank,
returned to duty from sick leave. He made all the right noises to
staff that he was fighting fit - "full of power and energy" - and
ready to play a full part in the next stage of the merger of DKB,
Fuji Bank and Industrial Bank of Japan (IBJ).
But insiders fear that Sugita's sickness will make the infighting
for top jobs in Mizuho the more intense. A suspicious Mizuho
spokesman asks how Euromoney has heard of Sugita's illness, before
describing it as cystic duct narrowing. Rumours persist...
