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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.....»»

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

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......»»

"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......»»

Charles Scharf is the third Wells Fargo chief executive in three years to face questioning by Congress. The bank has struggled to recover from a series of consumer abuse scandals......»»

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

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......»»

Ex-Wells Execs Hit With $59MM In Fines Over Fake Account Scandal; Stumpf Barred For Life Nearly four years after Wells Fargo's reputation was terminally crushed by the humiliating fake accounts scandal, the punishment for Warren B.....»»

Berkshire Hathaway disclosed Thursday that it bought a 1.2-million-share stake in luxury furniture retailer RH, formerly known as  Restoration Hardware, during the third quarter, sending the Corte Madera retailer’s shares up 7% in after-hours trad.....»»

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)......»»

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.....»»

Wells Fargo has struggled to convince lawmakers and regulators that it has fixed the corporate culture that led to various consumer abuses......»»

Wells Fargo has struggled to convince lawmakers and regulators that it has fixed the corporate culture that led to various consumer abuses......»»

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......»»

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......»»

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......»»

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.....»»

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.....»»

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........»»

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