More and more investors are wagering that the banking sector will rebound and that regional banks are in much better shape than originally thought, according to an article in The…
Tag: banks
As SVB Collapses, Bank Insiders Are Snapping Up Their Own Stock
In the midst of the Silicon Valley Bank collapse, bank executives at other establishments were buying up their own stock in droves, reports an article in Forbes. 43 insiders at…
Bank Earnings Hold Clues About Recession
As big banks report their second-quarter earnings, those reports could hold a clue as to whether or not a recession is on the horizon, contends an article in The Wall…
Buffett Soured on Banks at Potentially the Wrong Time
Last year, Berkshire Hathaway soured on bank stocks, a decision that cost the company about $10 billion, “given the strong rally in the sector in recent months.” This according to…
Berkshire Hathaway Cuts U.S. Bank Holdings
Warren Buffett’s Berkshire Hathaway “significantly cut its stakes in some of the largest U.S. banks in the second quarter, selling billions of dollars’ worth of stock in Wells Fargo, JPMorgan…
Buffett Likes U.S. Banks
Warren Buffett’s Berkshire Hathaway has increased its holding of financial services stocks to roughly $100 billion, about one-fifth of its total market capitalization. This according to an article inThe Wall…
Be Careful With Regional Bank Stocks
It continues to seem likely that the Federal Reserve will start raising interest rates later this year, which has some investors thinking bank stocks are a good bet. But be…
Gabelli Likes Content Providers, Financials
With mobile devices and broadband technology expanding, top value investor Mario Gabelli says he likes content companies. (more…)
Why Buffett Likes Banks
While they may be known more for investing in insurance companies and firms that make and sell simple consumer goods, Warren Buffett and Berkshire Hathaway are also quite fond of…
Buffett: Banks Won't Be A Problem -- "I Guarantee It"
Warren Buffett says banks will not cause major problems for the economy as they did during the 2008/2009 financial crisis — and he guarantees it. “The banks will not get…
