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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
05/26/201614:26:42Securities Registration: Employee Benefit Plan (s-8)
05/26/201614:24:53Securities Registration: Employee Benefit Plan (s-8)
05/26/201614:03:14Current Report Filing (8-k)
05/26/201609:35:26Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/26/201609:22:20Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/26/201606:30:00Wells Fargo Launches yourFirst Mortgageā„ 
05/26/201601:30:00Wells Fargo to Offer Low-Down-Payment Mortgages Without FHA Backing
05/26/201600:30:00Wells Fargo to Offer Low-Down-Payment Mortgages Without FHA Backing
05/25/201619:15:00Wells Fargo Closed-End Funds Declare Monthly & Quarterly Dividends;...
05/25/201614:11:39Current Report Filing (8-k)
05/25/201609:39:26Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/24/201616:50:00Wells Fargo Lowers Profitability Targets
05/24/201616:37:00Wells Fargo Lowers Profitability Targets
05/24/201610:59:11Current Report Filing (8-k)
05/24/201610:24:09Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/24/201610:14:53Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/24/201608:00:00Wells Fargo Wallet to Launch for Wells Fargo Customers
05/23/201609:28:51Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/20/201615:00:00Wells Fargo & Company Declares Cash Dividends on Preferred Stock
05/20/201611:34:18Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)

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