Bank of America: Buffett has Reduced his Stake!

Bank of America is one of the largest financial institutions in the world, offering a wide range of banking services for individual and corporate clients. With a strong focus on digital banking and an extensive branch network in the USA, the company serves millions of customers. Particularly in the area of wealth management, Bank of America is strongly positioned through its subsidiary Merrill. In recent years, it has increased its efficiency by placing a greater emphasis on automation and AI-driven customer support. It remains competitive...