InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.93
(
-0.24%
)
Bitcoin
64,119.72
(
0.19%
)
Post# of 2129
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

bar1080

Send PM Follow Ignore
Followers 253
Posts 28379
Boards Moderated 4
Alias Born 07/07/2004

bar1080

Re: Prudent Capitalist post# 1377

Friday, 07/24/2020 4:09:06 PM

Friday, July 24, 2020 4:09:06 PM

Post# of 2129
"Berkshire is ramping up its bet on Bank of America after receiving the green light from the Federal Reserve when its holdings surpassed a 10% ownership level, a key threshold requiring regulatory review. Buffett asked policy makers last year for permission to boost the stake, and the Federal Reserve Bank of Richmond issued a no-objection letter on April 20, according to a spokesperson.

Berkshire’s Bank of America stake, which started from preferred stock and warrants, has transformed into one of the Omaha, Nebraska-based conglomerate’s largest holdings. At the end of March, it was Berkshire’s second-largest by market value, behind Apple Inc."

https://finance.yahoo.com/news/warren-buffett-berkshire-boosts-bank-124526217.html

______________________________________________________________
Because the Good Life is Just a Pump or Two Away

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent BRK.B News
More BRK.B News
InvestorsHub NewsWire

NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM

ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM

Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM

Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM

Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM

Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM

Start posting your company's news
Only $200 per official company press release!