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Berkshire's Buffett says U.S. bank business not as good as in past: Fortune Summit


    NEW YORK (Reuters) - 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.

    (Reporting by Sam Forgione)