Sen. Elizabeth Warren (D-Mass.) and a CNBC anchor sparred Wednesday over the Federal Reserve’s decision to scrap an unprecedented penalty on Wells Fargo. In an interview with CNBC’s ...

Wells Fargo (WFC) has a long record of breaking the law-and this past year, was caught violating anti-money laundering, consumer protection, and securities laws. Lifting the asset cap was a grave ...

The Federal Reserve said Tuesday that Wells Fargo is no longer subject to harsh restraints the Fed placed on the bank in 2018 ...

Wells Fargo & Co. WFC +3.27% + Free Alerts just got a green light from the Federal Reserve to break free from a major ...

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

The bank will sell its rail operating lease assets to a joint venture between GATX and Brookfield Infrastructure.

The financial sector stocks were slightly higher amid a decline in Treasury yields and as inflation moved closer to target. Shares of GATX climbed 9% after the company's new joint venture with ...

Shares of GATX climbed after the company's new joint venture with Brookfield Infrastructure notched a deal to buy Wells Fargo's rail assets for a book value of about $4.4 billion. The stock rose 8.8% ...

A new joint venture of GATX Corp. and Brookfield Infrastructure Partners L.P. have entered into a definitive agreement to ...

Wells Fargo & Company entered into a definitive agreement to sell the assets of the company’s rail equipment leasing business to a newly formed joint venture between GATX Corporation and Brookfield ...

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