Buffett’s Berkshire sells $3.8 billion worth of Bank of America in 12-day selling spree
Warren Buffett is not done selling Bank of America. Berkshire Hathaway shed a total of 19.2 million BofA shares on…
Warren Buffett’s Berkshire Hathaway sells Bank of America for a ninth straight day
Berkshire Hathaway’s selling streak in its big Bank of America stake has extended to nine straight days, suggesting that Warren…
Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn
The Federal Reserve said Wednesday that the biggest banks operating in the U.S. would be able to withstand a severe…
Payhawk, a $1 billion corporate card startup, plans M&A shopping spree after 86% sales growth
AMSTERDAM — Corporate payments startup Payhawk told CNBC it is planning mergers and acquisitions to grow its footprint in the corporate spend…
Behind America’s divided economy: Booming luxury travel and a jump in ‘relief’ loans
At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending…
New York Community Bank’s online arm is paying the nation’s highest interest rate
New York Community Bank, the regional lender that needed a $1 billion-plus lifeline last month, is offering the country’s highest…
