Bank of America Corp is a leading financial institution that aims to provide a diverse range of banking and financial services to individuals, businesses, and institutions. Its mission focuses on delivering responsible and innovative financial solutions while fostering economic growth and stability. The company's strategy emphasizes digital transformation, customer-centric services, and sustainable practices. With a robust network of branches and advanced technology platforms, Bank of America Corp operates in various segments, including consumer banking, wealth management, and global banking, striving to enhance customer experiences and drive long-term value for shareholders.

BANK OF AMERICA CORP

Warren Buffett's Berkshire Hathaway has significantly reduced its stake in Bank of America (BAC), selling over 352 million shares throughout 2024 alone, which amounts to a 34% decrease in their position. As of the fourth quarter of 2024, Berkshire now holds approximately 680 million shares, just under 9% of the...

Berkshire Hathaway Reduces Stake in Bank of America by Nearly 15% Amid Concerns Over Valuation and Market Trends