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

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

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

Wells Fargo exits rail leasing with a major sale to GATX and Brookfield Infrastructure, transferring more than 125,000 rail ...

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

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.

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

Wells Fargo (NYSE:WFC ... The bank has had the $1.95T asset cap in place since 2018, as punishment for sales practices that led to such things as millions of bogus accounts being created to ...

Chris Kuiper Guest Bio: I am an intellectually curious investment professional who loves all things related to financial markets, economics and coffee. Currently an equity analyst at CFRA Research ...

The asset cap, introduced by the Fed in 2018 ... lifted a 2016 consent order related to Wells Fargo’s sales practices, a move seen as paving the way for the cap’s removal.

Wells Fargo CEO Charlie Scharf said earlier this year that the asset cap is curtailing its ability ... for the bank's harmful sales practices. The decision was seen as paving the way for the ...

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 ...