CEO of Berkshire Hathaway Inc., Warren Buffett

CEO of Berkshire Hathaway Inc., Warren Buffett

ChinaFotoPress/Getty Images

Bank of America Corp., the biggest U.S. lender, said Warren Buffett’s Berkshire Hathaway Inc. will invest $5 billion to bolster the company after losses tied to subprime mortgages drained capital. Bank of America led a rally of U.S. lenders in New York trading.