- The U.S. Financial Stability Oversight Council is considering whether to designate Berkshire Hathaway (BRK.A) as a systemically important financial institution (SIFI), Bloomberg reports.
- The holding company is the world's fourth-largest reinsurer, and had $458.1B of assets and $5.8B in derivative liabilities as of September 30. As of Friday, the firm had $31.4B in credit-default swaps linked to its debt.
- Berkshire also owns major stakes in Wells Fargo and American Express.
Report: U.S. mulls whether Berkshire Hathaway is SIFI
Jan 23 2014, 03:31 ET