Warren Buffett’s Berkshire Hathaway cuts stakes in BoA and Citi amid US debanking concerns
Berkshire Hathaway, the investment conglomerate led by Warren Buffett, reduced its holdings in US banks Bank of America (BoA) and Citigroup shares in the final quarter of 2024. The move, disclosed in a regulatory filing on Friday, comes as Buffett continues to trim Berkshire’s stock portfolio, favoring safer investments such as US Treasury bills. Berkshire … Read more