WFC inks deal to sell its $4.4B rail leasing unit, sharpening its focus on core financial services and cost efficiency.

Wells Fargo (WFC) announced on Thursday a definitive agreement to sell the assets of its rail equipment leasing business to a ...

Wells Fargo (WFC) is "very, very confident" that the Federal Reserve's asset cap on the bank will get lifted, CEO Charlie ...

Wells Fargo & Co. agreed to sell the assets of its rail equipment leasing business to a venture between Brookfield ...

We’re not done, but we’re a hell of a lot closer to the end than the beginning, at this point,” the CEO said Wednesday.

Wells Fargo to sell rail assets to joint venture for $4.4 billion, with GATX and Brookfield owning 30% and 70% respectively.

The sale includes Wells Fargo's entire portfolio of rail operating lease assets, representing a book value of approximately ...

The 2015 order brought by the OCC was the 13th closed since 2019 and the seventh this year. CEO Charlie Scharf indicated ...

The most daunting consent order shadowing Wells Fargo & Co. remains in the Federal Reserve's $1.95 trillion asset cap that ...

Both banks would probably argue they’ve been future-focused for years. But with the U.K. divesting from NatWest, and Wells’ ...

Wells Fargo (WFC) stock garnered retail attention on Friday after the company agreed to sell its rail equipment leasing ...

The sale includes Wells Fargo’s portfolio of rail operating lease assets, which have a book value of about $4.4 billion, as well as its rail finance lease portfolio, the bank said Thursday in a ...