Page 3 - வங்கி ஆஃப் அமெரிக்கா கார்ப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Warren Buffett s Berkshire Hathaway breaks up with 32-year long holding Wells Fargo In a regulatory filing on Monday, Berkshire said it owned just $26.4 million of shares in the fourth-largest U.S. bank as of March 31, down from around $32 billion in January 2018 Reuters | May 18, 2021 | Updated 08:48 IST Warren Buffett Berkshire Hathaway Inc has sold nearly all of its holdings in Wells Fargo & Co, as Warren Buffett abandoned a more than 31-year-old investment that had been among his most successful before the bank was felled by scandals for mistreating customers. In a regulatory filing on Monday, Berkshire said it owned just $26.4 million of shares in the fourth-largest U.S. bank as of March 31, down from around $32 billion in January 2018. Berkshire began investing in San Francisco-based Wells Fargo in 1989, and spent at least $12.7 billion on its shares, building a 10% stake.

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