Will Berkshire stay in bank stocks after Buffett's exit?
· americanbanker.com
Berkshire Hathaway sold its stakes in Visa and Mastercard during the first quarter after Warren Buffett stepped down as CEO, and another executive with financial services industry experience left the company. The arrival of new leadership raises questions about whether the conglomerate will shift its banking-related investment strategy.
Key insight: The future of Berkshire Hathaway's banking-related investment strategy is murky. The firm recently downsized its financial-services portfolio, as W...