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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
02/12/201615:30:27Current Report Filing (8-k)
02/12/201613:36:50Annual Statement of Changes in Beneficial Ownership (5)
02/12/201613:33:03Annual Statement of Changes in Beneficial Ownership (5)
02/12/201613:26:26Annual Statement of Changes in Beneficial Ownership (5)
02/12/201613:21:08Annual Statement of Changes in Beneficial Ownership (5)
02/12/201613:16:22Annual Statement of Changes in Beneficial Ownership (5)
02/12/201613:09:26Annual Statement of Changes in Beneficial Ownership (5)
02/11/201614:00:00Wells Fargo Commits $5 Million to Boost San Diego County Homeownership
02/11/201611:31:00Wells Fargo Commercial Banking Adds Downtown D.C. Office
02/11/201611:21:01Amended Statement of Ownership (sc 13g/a)
02/11/201609:00:00Wells Fargo Provides $7 Million to Grameen America
02/10/201610:31:55Amended Statement of Ownership (sc 13g/a)
02/09/201615:34:12Current Report Filing (8-k)
02/09/201614:50:46Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
02/09/201614:21:26Form 13f Holdings Report (13f-hr)
02/09/201614:18:00Wells Fargo Commissions Original Art Depicting the African American...
02/09/201612:40:00CFPB Presses Banks, Credit Unions to Offer 'Small-Dollar Loans'
02/09/201611:12:00Wells Fargo Securities Expands its Futures Commissions Merchant...
02/09/201609:00:00Hispanic Scholarship Fund Holds National College Camp In Dallas
02/09/201607:22:00Wells Fargo Enterprise Global Services Walks, Runs, and Rides...

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