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Fortune
Fortune
Eleanor Pringle

Brian Moynihan isn’t pressing Warren Buffett on his sale of Bank of America shares

Warren Buffett Brian Moynihan Bank of America Berkshire BofA Berkshire Hathaway Fortune
Warren Buffett, chairman of the board and CEO of Berkshire Hathaway, speaks with Bank of America CEO Brian Moynihan in Gaston Hall at Georgetown University, September 19, 2013 in Washington, DC. (Credit: Drew Angerer—Getty Images)

After many years of holding Bank of America stock and praising its leadership, Warren Buffett’s Berkshire Hathaway has started off-loading shares worth billions. Bank of America CEO Brian Moynihan says he doesn’t know why—and he may never find out.

Buffett’s support of BofA goes back more than a decade, starting when he purchased $5 billion worth of stock in 2011.

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