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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
05/06/201616:23:29Statement of Changes in Beneficial Ownership (4)
05/06/201614:06:47Current Report Filing (8-k)
05/05/201611:14:23Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/05/201610:25:27Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/05/201610:05:57Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
05/05/201609:51:27Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/05/201609:37:31Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
05/05/201609:21:24Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/05/201608:30:00Wells Fargo Supports Diverse-Owned Small Businesses, Distributes...
05/04/201616:05:37Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/04/201613:24:55Current Report Filing (8-k)
05/04/201613:07:02Statement of Changes in Beneficial Ownership (4)
05/04/201613:02:25Statement of Changes in Beneficial Ownership (4)
05/04/201612:57:56Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/04/201606:00:00Presidential Candidates Not Addressing Small Business Concerns...
05/03/201617:25:00Wells Fargo 2016 Investor Day
05/03/201612:10:14Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
05/03/201611:59:33Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/03/201611:34:09Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/03/201611:04:58Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)

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