Berkshire cuts stakes in Goldman, JPMorgan.

BANKING AND CREDIT NEWS-May 18, 2020--Berkshire cuts stakes in Goldman, JPMorgan

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Global Banking News - 18 May 2020

Berkshire Hathaway (NYSE:BRK.B) (NYSE:BRK.A) has said that it is cutting its holdings in Goldman Sachs (NYSE:GS) and JPMorgan Chase (NYSE: JPM).

The firm said that it has cut its stake in Goldman Sachs to 1.9 million shares from 12 million shares during the quarter ended March 31, 2020. It also said that it is trimming its stake in JPMorgan Chase...

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