Loading ...Warren Buffett’s quiet moves send shockwaves through Wall Street: ‘Canary in the coal mine’
Famed investor Warren Buffett has quietly executed a series of multi-billion-dollar exits from major US banks.
It appears to be a strategic shift that analysts say signals a sharp turn in sentiment from the world’s most closely watched investor – and a growing belief that America’s booming financial sector is headed for turbulence.
During the first half of 2025, Buffett’s Berkshire Hathaway sold more than $3.2 billion in shares tied to the banking industry, including a $1 billion exit from Citigroup, a $2 billion reduction in Bank of America, while also trimming holdings in Capital One.