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Buffett's Berkshire cuts Wells Fargo stake

Warren Buffett

Warren Buffett’s Berkshire Hathaway is cutting its stake in Wells Fargo to less than 10% after the Federal Reserve told the billionaire’s company that remaining above that threshold would limit its ability to do business with the bank.

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Warren Buffett

Buffett's Berkshire cuts Wells Fargo stake

Warren Buffett’s Berkshire Hathaway is cutting its stake in Wells Fargo to less than 10% after the Federal Reserve told the billionaire’s company that remaining above that threshold would limit its ability to do business with the bank.