Warren Buffet

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BofA can now become a 'profit powerhouse'

Brian Fonzie Moynihan

Billionaire Warren Buffett has predicted Bank of America will become a profit powerhouse once it finally resolves legal battles that have sapped funds and distracted managers. Now we’ll find out if he’s right.

Buffett thanks BofA's CEO for $5.3bn profit

Bank Of America Building

Topics at Warren Buffett's private dinner with Bank of America's Brian Moynihan 'very likely' included his $5bn investment in BofA, whose shares have more than doubled since Buffett's investment in August 2011.

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Brian Fonzie Moynihan

BofA can now become a 'profit powerhouse'

Billionaire Warren Buffett has predicted Bank of America will become a profit powerhouse once it finally resolves legal battles that have sapped funds and distracted managers. Now we’ll find out if he’s right.