Buffett exits Wells Fargo stake, ending decades-long bet on bank
Warren Buffett Photographer: Andrew Harrer/Bloomberg
Berkshire Hathaway reported new stakes in banking giant Citigroup Inc. and in auto lender Ally Financial Inc.
Warren Buffett demonstrated he’s still bullish on U.S. retail banking — but not on Wells Fargo & Co.
The billionaire investor ended his long-running bet on Wells Fargo during the first quarter, according to a filing Monday from his Berkshire Hathaway Inc. Berkshire also reported new stake
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