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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
06/30/201517:01:14Current Report Filing (8-k)
06/29/201517:07:37Current Report Filing (8-k)
06/29/201510:53:19Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
06/26/201518:20:00Wells Fargo Advantage Closed-End Funds Declare Monthly Dividends
06/26/201516:15:43Automatic Shelf Registration Statement of Securities of Well-known...
06/26/201510:55:04Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
06/25/201518:40:00Wells Fargo Redesigns CEO Portal Services for Multiple Devices
06/25/201514:09:00Artspace El Paso Lofts Break Ground with Support from FHLB Dallas...
06/25/201513:45:00Wells Fargo HomeLIFT Program to Help Bakersfield Homebuyers
06/25/201511:05:00Wells Fargo Donates $100,000 to Support Victims, Families and...
06/24/201517:06:49Current Report Filing (8-k)
06/23/201511:27:23Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
06/23/201510:00:00Wells Fargo Expands Lending to Manufactured Home Communities
06/23/201507:30:00Wells Fargo/Gallup Survey: Majority of Investors Continue to...
06/22/201520:03:03What Is a Benchmark?
06/22/201517:07:23Current Report Filing (8-k)
06/21/201516:05:00U.S. Conference of Mayors, Wells Fargo Announce 2015 CommunityWINS...
06/20/201513:03:0210 Biggest Banks in America
06/19/201516:06:00Portfolio Manager Change for Wells Fargo Advantage Multi-Sector...
06/19/201510:40:10Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)

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