Buffett's Berkshire seeks Fed leeway to boost BofA bet: Fed

Warren Buffett's Berkshire Hathaway Inc is seeking permission from the Federal Reserve to boost its stake in Bank of America Corp above the 10% level, according to an application document provided by the Fed on Tuesday. [Source]

Origin: reuters.com

Category: businessNews

Topics: boost, Berkshire, Buffett's, provided, document, application, according, level, above, America, stake, Reserve, Federal, permission, seeking, Hathaway, Warren, leeway, seeks

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/Nbvo5prDN80/buffetts-berkshire-seeks-fed-leeway-to-boost-bofa-bet-fed-idUSKBN1WU2IA