Warren Buffett

Buffett inches toward Wells Fargo exit as Scharf sets course


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.


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


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.


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


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.


Buffett offers Wells CEO advice; Leveraged loans again sparking fear


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.


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


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


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


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.


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


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


Dimon, Buffett urge CEOs to end quarterly earnings forecasts


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


Manufactured housing giant endorses HUD's call for regulatory relief


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.


CFPB deputy foiled again; Big changes to CRA


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