Warren Buffett Seeks Fed Leeway to Boost Stake in Bank of America Past 10%
Warren Buffet, chairman and chief executive officer of Berkshire Hathaway Inc., plays bridge at an event on the sidelines of the Berkshire Hathaway annual shareholders meeting meeting in Omaha, Nebraska, U.S. (Photographer: Houston Cofield/Bloomberg)

Warren Buffett Seeks Fed Leeway to Boost Stake in Bank of America Past 10%

(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. is seeking permission from the Federal Reserve to potentially increase its stake in Bank of America Corp. to more than 10%, a level that ofte...
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