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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 -Dow Jones Newswires; 212-416-2900

Stock News for Wells Fargo (WFC)
11/24/201515:45:00Wells Fargo to Present at the Goldman Sachs US Financial Services...
11/24/201514:39:00Statement of Changes in Beneficial Ownership (4)
11/24/201514:30:39Statement of Changes in Beneficial Ownership (4)
11/24/201513:28:25Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
11/24/201513:24:10Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
11/24/201513:20:42Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
11/23/201513:35:00Morgan Stanley Hires $5 Billion Team From Credit Suisse -- Street...
11/23/201508:00:09If You're in Your 60s, Consider Buying These 3 Stocks
11/23/201503:02:00Surge In Buybacks Stirs Up Worries -- Abreast Of The Market
11/20/201517:11:31Current Report Filing (8-k)
11/20/201509:18:02These 5 Companies Own 22% of U.S. Bancorp Stock
11/20/201509:00:00Wells Fargo Predicts Rise in Spending Heading into Black Friday
11/19/201517:09:08Current Report Filing (8-k)
11/19/201517:00:00Wells Fargo & Company Declares Cash Dividends on Preferred Stock
11/19/201512:28:29Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
11/19/201512:26:31Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
11/19/201508:30:00Wells Fargo Insurance Names Jenny Myers Managing Director for...
11/18/201521:15:00Wells Fargo Advantage Closed-End Funds Declare Monthly and Quarterly...
11/18/201516:57:18Current Report Filing (8-k)
11/18/201514:43:03The Dividends of Understanding Dividends

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