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

The deal, which the U.S. banking giant said will not have a material impact on its financial position or earnings, includes ...

The U.S. Federal Reserve announced late on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion ...

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 ...

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

Wells Fargo (NYSE:WFC ... joint venture. The sale includes rail operating lease assets, with a book value of ~$4.4B, and the rail finance lease portfolio. The transaction is expected to close ...

After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...

The agreement covers the whole rail operating lease portfolio, which consists of about 105,000 railcars, as well as the rail ...

The sale includes Wells Fargo's entire portfolio of rail operating lease assets, representing a book value of approximately $4.4 billion, as well as the rail finance lease portfolio. The sale is ...