Buffett's 'clearing' of Bank of America approaches the regulatory threshold: three consecutive days of selling, cashing out $0.46 billion!
According to the latest new document submitted to the SEC, Berkshire Hathaway reduced its shareholding in Bank of America stocks for three consecutive trading days on September 25, 26, and 27, 2024, totaling 11.678 million shares, with cashing out of approximately 0.461 billion dollars. After the latest sell-off, Berkshire Hathaway currently still holds 10.3% of the shares of this second largest bank in the USA, approaching the regulatory threshold of 10%.
U.S. Treasury Secretary Yellen Says Banking System Is Well Capitalized
Spdr Series Trust S&P Regional Bkg Etf Options Spot-On: On September 25th, 58,286 Contracts Were Traded, With 1.65 Million Open Interest
On September 25th ET, $Spdr Series Trust S&P Regional Bkg Etf(KRE.US)$ had active options trading, with a total trading volume of 58,286 options for the day, of which put options accounted for 60.4%
Fed Rate Cut Paves the Way for Banks to Exit Emergency Facility
China's Financial Regulator Says Banks Are Encouraged To Support Loan Renewals For Borrowers Facing Temporary Financial Difficulties; Medium-Sized Firms With Working Capital Loans Due By Sept 30, 2027, May Receive Renewal Support Similar To That...
SPDR S&P Regional Banking ETF Declares Quarterly Distribution of $0.3818