<div>UPDATE 2-SoftBank proposes three new board members as Alibaba's Jack Ma resigns</div> <!-- no image --> <div>SoftBank Group Corp said on Monday that Alibaba co-founder Jack Ma will resign from its board, in the latest departure by a high-profile ally of CEO Masayoshi Son.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=af4UqS-FHkI:7b4e-B5sme8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=af4UqS-FHkI:7b4e-B5sme8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=af4UqS-FHkI:7b4e-B5sme8:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=af4UqS-FHkI:7b4e-B5sme8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=af4UqS-FHkI:7b4e-B5sme8:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/af4UqS-FHkI" height="1" width="1" alt=""></div> Posted by Reuters