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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
07/31/201516:05:00Wells Fargo Advantage Closed-End Funds Declare Monthly Dividends
07/31/201513:26:05Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/30/201517:05:35Current Report Filing (8-k)
07/30/201514:30:52Statement of Changes in Beneficial Ownership (4)
07/30/201514:23:39Statement of Changes in Beneficial Ownership (4)
07/30/201514:19:16Statement of Changes in Beneficial Ownership (4)
07/30/201514:13:41Statement of Changes in Beneficial Ownership (4)
07/30/201514:09:18Statement of Changes in Beneficial Ownership (4)
07/30/201514:02:57Statement of Changes in Beneficial Ownership (4)
07/30/201513:58:18Statement of Changes in Beneficial Ownership (4)
07/30/201513:51:54Statement of Changes in Beneficial Ownership (4)
07/30/201513:46:59Statement of Changes in Beneficial Ownership (4)
07/30/201513:32:17Current Report Filing (8-k)
07/30/201513:04:00Wells Fargo to Withdraw from Mortgage Marketing Services Agreements...
07/30/201511:48:49Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/30/201511:38:07Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201517:14:00Current Report Filing (8-k)
07/29/201513:21:22Statement of Changes in Beneficial Ownership (4)
07/29/201513:08:08Merrill, Raymond James Recruit From Barclays, Wells Fargo...
07/28/201515:00:00Wells Fargo & Company Announces Dividend

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