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.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
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.
Consulte Mais informação »
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.
Consulte Mais informação »
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.
Consulte Mais informação »
Democrats' health plans: Where Sanders, Warren, Biden, Buttigieg stand
Consulte Mais informação »
‘Advantage Warren’ as Dems ready for pivotal debate
Consulte Mais informação »