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Tags: Berkshire Hathaway | Warren Buffett | Bank Business | Fortune Summit

Berkshire's Buffett Says US Bank Business Not as Good as in Past: Fortune Summit

Tuesday, 07 October 2014 02:25 PM EDT

Warren Buffett, chairman and chief executive of conglomerate Berkshire Hathaway Inc., said on Tuesday that the businesses of big U.S. banks were not as good as they were a few years ago, and that U.S. home-building would pick up.

"What was a very profitable business has been turned into a good business if executed well," Buffett said on the largest U.S. banks at Fortune's Most Powerful Women Summit in Laguna Niguel, California.



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Warren Buffett, chairman and chief executive of conglomerate Berkshire Hathaway Inc., said on Tuesday that the businesses of big U.S. banks were not as good as they were a few years ago, and that U.S. home-building would pick up.
Berkshire Hathaway, Warren Buffett, Bank Business, Fortune Summit
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2014-25-07
Tuesday, 07 October 2014 02:25 PM
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