Home » Buffett warns of panic over US banking turmoil

Buffett warns of panic over US banking turmoil

by admin
Buffett warns of panic over US banking turmoil

Buffett also said he would bet $1 million that no US depositor would lose money from a bank failure — with whoever loses that bet donating the money to charity. Buffett is chairman of private equity firm Berkshire Hathaway and spoke to CNBC from Tokyo. The investor is currently in Japan, where he is visiting five major companies in which Berkshire has investments. Berkshire has also put its money in several banks. A stake in Bank of America was worth about $34.2 billion at the end of 2022.

See also  the shadow of Colonel Goïta after the constitutional referendum

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy