The Kuwait Investment Authority sold a $3.1 billion stake in Bank of America Corp. in an overnight block trade, according to ...

Warren Buffett's Berkshire Hathaway sold off more shares of Bank of America, according to a regulatory filing. This latest sales on Friday, Monday, and Tuesday totaled 5.8 million shares valued at ...

When Buffett initially acquired $5 billion in preferred BofA stock in August 2011, Bank of America's common stock was valued at a 62% discount to book value. As of the closing bell on Feb. 14, it ...

Buffett has also increased the Bank of America position by $2.1 billion, or 10%, since the end of the second quarter. So what does Buffett like about Bank of America in particular?

Bank of America and Citigroup weren't the only financial stocks on Buffett's chopping block last quarter. He also exited Berkshire's position in Brazilian neobank Nu Holdings while trimming ...

Buffett has long been a fan of Bank of America, singing the praises of CEO Brian Moynihan time and again, and he's owned the stock since he bought preferred shares of BofA in 2011.

Warren Buffett has sold 23% of his Bank of America stake for about $10 billion since mid-July. Berkshire Hathaway's American Express stake is now more valuable than its Bank of America bet.

Bank of America (NYSE:BAC) has been a long-time holding of Berkshire Hathaway, the conglomerate run by investing ledged Warren Buffet. However, Buffett has been trimming Berkshire's position in ...

The stock picks that this conglomerate makes are, basically, Buffett's stock picks. Right now Berkshire Hathaway is selling down its position in large U.S. bank Bank of America (NYSE: BAC).