That trend is extremely evident these days. Buffett has sold over $7 billion worth of Bank of America stock since the start ...
Rising interest rates have compressed the spread Ally earns from its deposit costs versus the yield on loans it makes, which ...
Berkshire Hathaway CEO Warren Buffett has long been a fan of bank stocks. In fact, the banking/insurance sector has likely ...
Warren Buffett has owned a lot of stocks during his career, but there's been one position that's consistently outperformed.
Warren Buffett's Berkshire Hathaway (BRK.B) has shed more Bank of America (BAC) stock, selling shares worth about $900M. Read ...
If Berkshire drops its stake under 10%, it will no longer have to file with the SEC for any changes in its Bank of America ...
Bank of America is a significant holding of Berkshire Hathaway, which recently sold 20% of its stake. Read why trimming BAC ...
Warren Buffett has amassed a cash reserve of about $280 billion after selling shares in companies like Apple and Bank of ...
Investing.com -- Warren Buffett's Berkshire Hathaway (NYSE: BRKa) has sold off a roughly $900 million tranche of its stake in ...
Doug and Lee discuss Warren Buffett's recent concerns about cybersecurity insurance, noting its significance given Berkshire ...
The 94-year-old established Berkshire’s Bank of America investment with a $5bn deal in 2011 for preferred stock and warrants.
Bank of America is the #2 bank in the US but faces a number of headwinds in the next half decade for its stock to match its ...