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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
12/09/201615:57:21Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
12/09/201615:50:19Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
12/09/201615:41:51Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
12/09/201611:50:00Athene Trades Higher in Market Debut
12/09/201611:42:57Current Report Filing (8-k)
12/09/201610:10:00Wells Fargo Likely Faces Regulatory Downgrade, Harming Its Prospects
12/09/201609:57:00Wells Fargo Likely Faces Regulatory Downgrade, Harming Its Prospects
12/08/201618:25:00Wells Fargo Announces Date for Reporting November Customer Activity...
12/08/201613:41:48Current Report Filing (8-k)
12/08/201613:36:00Wells Fargo Survey: Small Business Optimism at Highest Point...
12/08/201612:47:28Current Report Filing (8-k)
12/08/201612:10:27Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
12/08/201611:56:46Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
12/08/201611:41:40Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
12/08/201611:23:38Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
12/08/201608:16:00New York University and Wells Fargo Expand Support for Startups...
12/07/201616:56:26Current Report Filing (8-k)
12/07/201616:52:00Merrill Brokers Get Ultimatum: Refer New Customers or Face a...
12/07/201613:58:00Wells Fargo Donates $500,000 for San Diego-Area Revitalization...
12/07/201612:00:00Wells Fargo Investment Institute: 2017 Outlook Report ‘Seeing T...

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