Wells Fargo announces sale of rail equipment leasing business assets to GATX Corporation-Brookfield Infrastructure joint venture.

The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal milestone.” ...

The $4.4 billion rail equipment leasing division of Wells Fargo & Company (NYSE:WFC) will be sold to a joint venture between Brookfield Infrastructure and GATX Corporation. The agreement covers ...

Investors are eager to learn more about the bank’s growth plans and priorities since the Fed's punitive asset cap has been ...

A jump in fee income helped the San Francisco-based bank boost second-quarter earnings per share by 20% from a year ago.

Wells Fargo said on Thursday it has signed a deal to sell its rail equipment leasing business to a newly formed joint venture between railcar lessor GATX Corporation and Brookfield Infrastructure .

Wells Fargo & Company (NYSE: WFC) today announced it has entered into a definitive agreement to sell the assets of the company’s rail equipment leasing business to a newly formed joint venture ...

Bruce and Jeff have also have a lively discussion about the sale of Wells Fargo Asset Management to PE.

Wells Fargo (WFC) announced on Thursday a definitive agreement to sell the assets of its rail equipment leasing business to a GATX Corporation-Brookfield Infrastructure joint venture.

The $4.4 billion rail equipment leasing division of Wells Fargo & Company (NYSE:WFC) will be sold to a joint venture between Brookfield Infrastructure and GATX Corporation. The agreement covers ...