Berkshire's position in BofA stock is its second largest equity holding after Apple, and was worth more than $27 billion as of Monday's closing price.
Warren Buffett's Berkshire Hathaway is seeking approval from the Federal Reserve to increase its stake in Bank of America past 10%, Bloomberg reported Tuesday. The Omaha, Nebraska-based holding company said it doesn't plan to merge the bank, sell its assets, or make other significant changes to its strategy or leadership, according to Berkshire's application obtained by Bloomberg.
Warren Buffett's Berkshire Hathaway is seeking approval from the Federal Reserve to increase its stake in Bank of America past 10%, Bloomberg reported Tuesday. The Omaha, Nebraska-based holding company said it doesn't plan to merge the bank, sell its assets, or make other significant changes to its strategy or leadership, according to Berkshire's application obtained by Bloomberg.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Longtime Berkshire Hathaway shareholder sells stake, accusing Warren Buffett of 'thumb-sucking'David Rolfe, a longtime Berkshire Hathaway shareholder and CIO at Wedgewood Partners, is fed up with Warren Buffett.
Lire la suite »
Longtime Berkshire Hathaway Investor Loses Faith in Warren BuffettWedgewood Partners’ David Rolfe sold out of the stock in the second quarter, citing investment mistakes by Buffett over the past decade, meager stock repurchases, and the drag of a cash hoard.
Lire la suite »
Nobel laureate Robert Shiller unloads on market excesses, plus an exclusive chat with the 'Warren Buffett of bonds'Investing Insider is your one-stop shop for high-profile investor interviews, trade recommendations, and actionable analysis.
Lire la suite »
Democrats' health plans: Where Sanders, Warren, Biden, Buttigieg stand
Lire la suite »
‘Advantage Warren’ as Dems ready for pivotal debate
Lire la suite »