On June 4, the Federal Reserve lifted the long-standing asset cap on Wells Fargo & Company (NYSE:WFC), signaling a ...

USA: Wells Fargo & Co has entered into a definitive agreement to sell the assets of its rolling stock leasing business to a ...

Mayer Brown’s hot streak—a dozen deals over the billion-dollar mark in a two-month span—is a feather in the cap of a practice ...

Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a ...

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 ...

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

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 ...

The acquired portfolio, primarily freight cars (95%), has a 97% utilisation rate and a diverse mix of car types.

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 ...