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 continues to reshape its portfolio by aggressively selling shares of Bank of America (NYSE: BAC), reducing its stake by 26% since July 2024, amounting to over $10 billion in market value. Currently, Berkshire holds approximately 680 million shares, representing nearly 9% of Bank of America. This...

Berkshire Hathaway Reduces Stake in Bank of America by Over $10 Billion Amid Concerns Over Valuations and Economic Shifts