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Buffett: Banks Going To Get Squeezed Bit On Interest Margin -CNBC

DOW JONES NEWSWIRES Berkshire Hathaway Corp. (BRKA, BRKB) CEO Warren Buffett said in a brief interview aired Friday on CNBC that "banks are going to get squeezed a bit on interest margin." Buffett said however banks no longer bear any resemblance to four years ago -- "they have the balance sheets, they have a lot more equity." Buffett, whose firm owns large stakes in Wells Fargo & Co. (WFC) and Bank of America Corp. (BAC), said he didn't think the first quarter would be Wells' best quarter, while acknowledging that of course he doesn't know the numbers. Full story at www.cnbc.com -Dow Jones Newswires; 212-416-2900

Stock News for Wells Fargo (WFC)
DateTimeHeadline
03/28/201502:11:30Dividend Achievers Top 20 Hits The Mark, Again
03/27/201516:51:32Current Report Filing (8-k)
03/27/201516:05:00Wells Fargo Advantage Closed-End Funds Declare Monthly Dividends
03/27/201512:30:00Wells Fargo Appoints New Head of Corporate Development
03/27/201512:17:10Amended Statement of Changes in Beneficial Ownership (4/a)
03/26/201521:29:05Building A Better (Balanced) Dividend Growth Portfolio
03/26/201521:09:30Portfolio Changes For The First Quarter Of 2015
03/26/201516:48:01Current Report Filing (8-k)
03/26/201515:35:19Current Report Filing (8-k)
03/26/201514:28:491 Stock You Can Leave for Your Great-Grandkids
03/26/201513:18:16Help Wanted: Brokerage Branch Managers
03/26/201512:01:021 Stock You Can Leave for Your Great Grandkids
03/25/201515:44:42Wells Fargo Corporate-Banking Head Mike Johnson to Retire
03/25/201513:10:02Read This Before You Buy Bank of America
03/25/201510:14:15Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/25/201508:00:00Wells Fargo Publishes 2014 CSR Progress Report
03/25/201504:30:00Mark Ryan Appointed to Wells Fargo Bank International Board of...
03/24/201510:37:29Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/23/201518:36:35U.S. Regulators Fault 3 Foreign Banks Over 'Living Wills'--Update
03/23/201518:01:59What's Good For Citigroup Is Fantastic For Real Estate Too

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