[ad_1] Omaha (US) (AP): Warren Buffett is now sitting on more than USD 325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway’s assorted businesses without finding any major acquisitions. Berkshire […]
Bank of America says widespread outage nearly fixed – CNBC TV18
[ad_1] Bank of America announced on Wednesday (October 2) that a widespread outage affecting customer access to their accounts has been largely resolved, according to a CNN report. The apparent glitch left many customers unable to log in or view their balances, with some seeing their account balances drop to zero. The bank confirmed the […]
Warren Buffett has sold Bank of America shares worth nearly $7 billion since July – CNBC TV18
[ad_1] Warren Buffett extended his sales of Bank of America Corp. shares into September, reaping a total of $6.97 billion since the spree of disposals started in mid-July. In the latest round of transactions, disclosed in a regulatory filing Thursday, his Berkshire Hathaway Inc. liquidated $760 million of the stock since Tuesday. Still, Berkshire remains […]
HDB Financial eyes $9-10 billion IPO by March 2025 – CNBC TV18
[ad_1] HDFC Bank Ltd is moving ahead with plans to take its non-banking arm, HDB Financial Services, public, with a potential listing targeted for December or, at the latest, by the end of the current financial year, people familiar with the development said. The initial public offering (IPO), likely a combination of secondary sale and […]
Bank of America clients pull money out of US stocks for the first time in three weeks – CNBC TV18
[ad_1] Bank of America Corp. clients pulled money from US stocks for the first time in three weeks, paring their exposure in the asset class that continued to hover near a record. Outflows were on display among all major clients groups — excluding corporates — with $4.6 billion exiting US stocks last week, the bank’s […]