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Warren Buffett dumps almost all of his remaining Wells Fargo shares

The stock sale marks a closing chapter in Warren Buffett's storied history with his investment in Wells Fargo that began in 1989......»»

Category: topSource: bizjournalsMay 18th, 2021

Warren Buffett"s Berkshire Hathaway reveals Aon stake, slashes Chevron and Wells Fargo

The famed investor's company also boosted its Verizon and Kroger bets and reduced its pharmaceutical positions. Warren Buffett Getty Images / Michael Buckner Warren Buffett's Berkshire Hathaway invested in British insurer Aon last quarter.....»»

Category: topSource: businessinsiderMay 17th, 2021

Wells Fargo stock surges to 11-month high, even as Warren Buffett sells 75 million shares

Shares of Wells Fargo & Co. surged 4.7% in afternoon trading Wednesday, en.....»»

Category: topSource: marketwatchFeb 17th, 2021

Warren Buffett cuts stake in Wells Fargo, trims Apple holdings and adds new stake in Chevron

The famous investor continued selling off his once-huge stake in Wells Fargo in the last three months of 2020. But he made a new investment in one Bay Area company......»»

Category: topSource: bizjournalsFeb 17th, 2021

Alarm bells ring for Bay Area economy as coronavirus looms

"In the Bay Area, the tide comes in higher, so you have more people swimming naked as they’re leasing space and hiring a lot of employees," a Wells Fargo economist said, in reference to a famous Warren Buffett quote......»»

Category: topSource: bizjournalsMar 11th, 2020

Warren Buffett Continues to Curb Long-Held Wells Fargo Stake

The guru says the embattled bank should have addressed accoun.....»»

Category: blogSource: gurufocusFeb 25th, 2020

Buffett"s Berkshire buys Kroger and Biogen, reduces Wells Fargo and Goldman stakes

Warren Buffett's Berkshire Hathaway Inc on Friday said it has taken a $549.1 million stake in Kroger Co , investing in the largest U.S. supermarket chain as smaller rivals struggle......»»

Category: topSource: reutersFeb 14th, 2020

Why Warren Buffett Doubled Down on BofA Even More Over Wells Fargo

Warren Buffett is buying even more Bank of America shares even after a big rally, and the purchases appear to be at the expense of Wells Fargo (and maybe even JPMorgan Chase)......»»

Category: blogSource: 247wallstJul 28th, 2019

America"s Most Hated Bank? Three Candidates Turn Down Wells Fargo For CEO Post

Just how hated is Warren Buffett's "favorite" bank Wells Fargo? Not only are millions of clients dumping the bank following countless scandals involving the bank's cross-selling of accounts, n.....»»

Category: blogSource: zerohedgeJun 11th, 2019

Warren Buffett defends Kraft, says Wells Fargo made "big mistakes"

Warren Buffett on Saturday signaled his commitment to Kraft Heinz Co and defended his actions toward Wells Fargo & Co, two of the largest investments at his Berkshire Hathaway Inc, despite mistakes at both that have caused many investors to sour on them......»»

Category: topSource: reutersMay 4th, 2019

Warren Buffett praises Kraft Heinz operations, says Wells Fargo made "big mistakes"

Warren Buffett on Saturday signaled his commitment to Kraft Heinz Co and defended his actions toward Wells Fargo & Co, two of the largest investments at his Berkshire Hathaway Inc, despite mistakes at both that have caused many investors to sour on them......»»

Category: topSource: reutersMay 4th, 2019

Warren Buffett says Wells Fargo made "big mistakes"

Billionaire Warren Buffett, whose Berkshire Hathaway Inc is Wells Fargo & Co's largest shareholder, on Saturday signaled no shift in his support for the bank despite several scandals it has faced......»»

Category: topSource: reutersMay 4th, 2019

Warren Buffett sidekick Charlie Munger spouts off on Wells Fargo

Berkshire Hathaway Vice Chairman Charlie Munger had a lot to say this week on Wells Fargo’s troubles and past leadership. Munger’s criticism of Wells Fargo’s prior CEOs Dick Kovacevich and John Stumpf comes just before this weekend’s Berkshi.....»»

Category: topSource: bizjournalsMay 2nd, 2019

Buffett Weighs In Who Is Best Qualified To Run Wells Fargo

Outgoing Wells Fargo & Co (NYSE: WFC) CEO Tim Sloan should be replaced with a permanent CEO with a background that isn't from Wall Street, major shareholder Warren Buffett told the Financial Times in an interview over the wee read more.....»»

Category: blogSource: benzingaApr 8th, 2019

Warren Buffett to Wells Fargo, Don’t Hire Another Bank CEO

Wells Fargo & Co. (NYSE: WFC) CEO Tim Sloan is out, following his former boss John Stumpf who left in October 2016. Each was blamed for dysfunctional management that triggered pressure on........»»

Category: blogSource: 247wallstApr 8th, 2019

Warren Buffett urges Wells Fargo to look beyond Wall St for next chief

The top shareholder in the bank says its new leader should not come from JPMorgan or Goldman......»»

Category: topSource: bizjournalsApr 8th, 2019

Warren Buffett To Wells Fargo, Don’t Hire Another Bank CEO

Wells Fargo & Company (NYSE: WFC) CEO Tim Sloan is out, following his former boss John Stumpf who left in October 2016. Each was blamed for dysfunctional management which triggered pressure on........»»

Category: blogSource: 247wallstApr 8th, 2019

Buffett urges Wells Fargo to look here for next CEO

Warren Buffett, the largest shareholder in Wells Fargo, has called on the US bank to look outside Wall Street for a new chief executive who can restore its battered reputation. .....»»

Category: topSource: moneycentralApr 7th, 2019

Warren Buffett urges Wells Fargo to look beyond Wall Street for next CEO: FT

Warren Buffett, Wells Fargo & Co's largest shareholder, urged the bank in an interview with the Financial Times on Sunday to look outside Wall Street for a new chief executive officer......»»

Category: topSource: reutersApr 7th, 2019

Wells Fargo Stock Jumps as CEO Tim Sloan Steps Down

Buffett is largest shareholder at bank seeking new leadership after scandalsCheck out Warren Buffett Stock Picks » Download GuruFolio Report of Warren Buffett (Updated on 03/27/2019)Related Stocks: WFC, BRK.A, BRK.B, BAC, AAPL,.....»»

Category: personnelSource: nytMar 28th, 2019