Tag: US bank

Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks during a game of bridge after the annual Berkshire Hathaway shareholders meeting in Omaha. Warren Buffett started selling in mid-July, impacting the stock price. The latest sale generated $383 million, with shares closing at $39.96 on Monday.(AP)
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Warren Buffett’s Bank of America stock sale spree surpasses $10 billion

 October 8, 2024  Leave a Comment on Warren Buffett’s Bank of America stock sale spree surpasses $10 billion

Oct 08, 2024 08:43 AM IST Warren Buffett’s Berkshire Hathaway has now made over $10 billion from selling its Bank of America shares. In the…

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Workers are reflected in the windows of the Canary Wharf offices of JP Morgan in London.(Reuters)
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JP Morgan set to acquire assets of First Republic Bank after its closure

 May 1, 2023  Leave a Comment on JP Morgan set to acquire assets of First Republic Bank after its closure

US-based First Republic Bank was closed on Monday (local time) by the local regulators and entered into an agreement with JP Morgan Chase Bank to…

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People look at signs posted outside of an entrance to Silicon Valley Bank in Santa Clara, California.(AP)
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US firm in talks to buy Silicon Valley Bank: Report

 March 19, 2023  Leave a Comment on US firm in talks to buy Silicon Valley Bank: Report

First Citizens BancShares Inc is evaluating an offer for Silicon Valley Bank , Bloomberg News reported on Saturday, citing people familiar with the matter. People…

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