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's decision to lift the asset cap marks a pivotal milestone in our journey to transform Wells Fargo," ...

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

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.