Warren Buffett

Buffett inches toward Wells Fargo exit as Scharf sets course

10/16/20

Warren Buffett isn't known to ask much of companies in which he buys stock. Then last year, as Wells Fargo's top investor, he publicly advised the board not to hire a leader from Wall Street — and it did. What ensued shows what can happen when a company rejects the legendary investor's advice.

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Warren Buffett seeks Fed leeway to boost stake in BofA past 10%

10/15/19

Warren Buffett's Berkshire Hathaway is seeking permission from the Federal Reserve to potentially increase its stake in Bank of America to more than 10%, a level that often triggers a regulatory review.

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Berkshire Hathaway's BofA stake climbs above 10% amid bank's buybacks

07/26/19

The conglomerate run by Warren Buffett has tried in the past to keep its holdings below the 10% threshold in order to avoid heightened regulatory scrutiny.

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Buffett offers Wells CEO advice; Leveraged loans again sparking fear

04/08/19

The bank’s biggest shareholder says Wall Street shouldn't yield its next CEO; concern that mistakes that led to the financial crisis are being repeated.

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Bank of America ditching Merrill Lynch, U.S. Trust brands

02/25/19

BofA is rolling out new names for its investment banking, wealth management and private banking divisions.

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Buffett raises bets on big banks, adds stakes in JPMorgan, PNC

11/15/18

Berkshire Hathaway plowed $13 billion into bank stocks in the third quarter that included new investments in JPMorgan and PNC and additional investments in Bank of America and Goldman Sachs.

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Evelyn Davis, thorn in side of banks and other firms, dies at 89

11/05/18

The activist investor butted heads with Warren Buffett and Henry Paulson, but had nothing but praise for Jamie Dimon.

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Dimon, Buffett urge CEOs to end quarterly earnings forecasts

06/07/18

Warren Buffett and Jamie Dimon are doubling down on their plea for corporations to stop providing quarterly earnings guidance.

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Manufactured housing giant endorses HUD's call for regulatory relief

04/03/18

The dominant player in manufactured housing lauded the Trump administration's review of construction standards, but other commenters worry the plan will undermine housing quality.

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CFPB deputy foiled again; Big changes to CRA

01/11/18

Judge again throws out Leandra English’s attempt to take over agency; planned revamp may ease banks’ lending requirements to the poor.

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