Buffett’s Berkshire Sells Stake in Two Banks

Billionaire investor Warren Buffett’s Berkshire Hathaway has reduced its stake in Bank of America and Citigroup, according to reports. The moves come as investors re-evaluate the financial health of the two US banks. A decrease in Berkshire’s holdings could indicate a shift in confidence in these institutions’ ability to recover from past challenges.

Source: https://www.ft.com/content/b7337851-75da-4257-a3f5-0e9d62ab4bc6