UPDATE 1-Berkshire applies to boost Wells Fargo stake above 10 pct
July 01, 2016 at 17:37 PM EDT
July 1 (Reuters) - Warren Buffett's Berkshire Hathaway Inc has applied to increase its ownership stake in Wells Fargo & Co past the 10 percent level that could prompt increased regulatory scrutiny, the Federal Reserve said on its website on Friday.