Berkshire Hathaway no longer directly owns WFC shares. WFC has announced the resumption of its headcount reduction program.
Warren Buffett and Berkshire Hathaway substantially cut their position on Wells Fargo, selling 100 million shares. The Oracle of Omaha is continuing to trim his position in bank stocks, buoying the...
"I think it's underappreciated just how much heavy lifting the banks are doing and how they'll be able to pump their way through this," Mike Mayo of Wells Fargo told CNBC.