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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
08/26/201613:59:12Current Report Filing (8-k)
08/26/201611:44:11Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
08/26/201603:02:00Finance Watch -- WSJ
08/25/201615:50:00Wells Fargo to Pay Homeowners Over Mailing Error
08/25/201615:30:00Wells Fargo to Pay Homeowners $3.4 Million Over Mailing Error
08/25/201610:34:34Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
08/24/201613:18:14Current Report Filing (8-k)
08/23/201612:45:46Current Report Filing (8-k)
08/23/201611:07:19Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
08/23/201611:06:23Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
08/23/201611:03:53Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
08/23/201610:59:11Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
08/23/201610:17:00Hyundai Capital America, Intellectual Ventures and World Vision...
08/22/201617:40:00Wells Fargo to Pay $4 Million to Settle Student-Loan Servicing...
08/22/201617:22:00Wells Fargo to Pay $4 Million to Settle Student-Loan Servicing...
08/22/201613:00:00Wells Fargo Insurance Names Mary-Beth Hahn Head of Risk Management...
08/22/201610:18:51Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
08/19/201614:02:37Current Report Filing (8-k)
08/19/201611:00:00Wells Fargo & Company Declares Cash Dividends on Preferred Stock
08/19/201610:11:41UPDATE -- NEXT Awards Funds Innovation, Provides Increased Access...

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