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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)
10/26/201619:18:00Democratic Senators Call for Stricter Rules on Wall Street Pay
10/26/201616:32:00Auto Lenders Have New Reason to Worry
10/26/201615:13:20Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
10/26/201614:09:35Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
10/26/201610:30:02Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
10/26/201603:02:00Bank Sales Draw Inquiry -- WSJ
10/25/201616:15:00Wells Fargo & Company Announces Common Dividend
10/25/201612:13:23Current Report Filing (8-k)
10/25/201610:20:55Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
10/25/201609:41:00Big U.S. Retail Bank Operations Under Scrutiny After Wells Scandal...
10/25/201608:00:00Wells Fargo Commits $1 Million to Scholarship America for People...
10/24/201616:57:14Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
10/24/201614:44:58Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
10/24/201612:00:00Wells Fargo Announces Henry Jordan to Retire as Head of Capital...
10/24/201610:30:04Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
10/24/201610:16:20Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
10/21/201617:33:00NOTICE TO WELLS FARGO BROKERAGE CUSTOMERS -- The Securities Arbitration...
10/21/201615:50:00Head of Wells Fargo Fund Division Karla Rabusch to Retire
10/21/201615:25:00Head of Wells Fargo Fund Division Karla Rabusch to Retire in...
10/21/201614:35:50Current Report Filing (8-k)

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