RBC Trims Stake in Japan's Mizuho Financial Group
Royal Bank of Canada (RBC) has significantly reduced its stake in Mizuho Financial Group, Inc. (MFG), one of Japan's largest banking and financial services holding companies.
According to a recent SEC filing, RBC trimmed its position by 73.4% during the first quarter, selling 361,270 shares.
The bank now owns 131,172 shares in Mizuho Financial Group, worth approximately $1,042,000 as of its latest SEC filing.