Offstream
news

The U.S. Consumer Financial Protection Bureau files a lawsuit against banks JPMorgan Chase, Bank of America, and Wells Fargo for failing to protect consumers against alleged widespread fraud on the built-in payment system Zelle equating over $870 million.
2024-12-20

Berkshire Hathaway Inc has become the largest shareholder of Bank of America by exercising its right to acquire 700 million shares at a steep discount, more than tripling an investment it made six years ago. Bank of America on Tuesday announced the exercise of the warrants, which gave Berkshire, controlled by Warren Buffett, the right to buy the bank’s shares for about $7.14 each. Bank of America shares closed down 14 cents at $23.58 on the same day.
2017-08-29

Berkshire Hathaway Inc. agrees to pay USD $9 billion to buy the parent of Texas power transmission company Oncor Electric Delivery.
2017-07-7

A number of analysts, including Ralf Preusser from Bank of America and Ric Deverell from Credit Suisse, believe that the United Kingdom economy is heading into a recession.
2016-06-27

The U.S. District Court in Manhattan, via Judge Jed Rakoff, orders Bank of America to pay $1.27 billion in damages relating to the housing bubble-era actions of what is now its Countrywide unit.
2014-07-30

Alcoa, Hewlett-Packard, and Bank of America will be dropped from the Dow Jones Industrial Average from next week to be replaced by Visa Inc., Nike, Inc and Goldman Sachs.
2013-09-10

Securities regulators file a lawsuit against traders in options on the stock of H.J. Heinz, alleging they had inside information of the planned acquisition of that company before the announcement thereof by Berkshire Hathaway and 3G Capital.
2013-02-15

The hacker group Anonymous releases e-mails obtained from the Bank of America.
2011-03-14

Warren Buffett who through Berkshire Hathaway controls a significant block of the shares of Kraft came out in opposition to Kraft's proposal to float 370 million shares in order to fund its bid for the UK based confectioner Cadbury.
2010-01-5