News

Wells Fargo is no longer under the Fed's asset cap. Here's how it plans to grow, where it might invest, and what this means ...
Wells Fargo & Co. reported Wednesday that a series of recent business exits and heightened emphasis on fee revenue boosted fourth-quarter net income by 47.4% to $5.08 billion. However, net income ...
The transaction comes as the megabank is determined to simplify its operating model and shed units that have slower growth prospects or aren't core to its business.
Wells Fargo & Company WFC entered into a definitive agreement to divest its rail equipment leasing business to a newly formed ...
Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...
Consumer loan growth in the U.S. may remain sluggish—or even decline—in the coming months, warned Wells Fargo Chief Financial ...
The bank will sell its rail operating lease assets to a joint venture between GATX and Brookfield Infrastructure.
Wells Fargo Investment Institute (WFII) today released its "Midyear Outlook report: Opportunities amid uneven terrain." The ...
“This transaction is consistent with Wells Fargo’s strategy of focusing on businesses ... She noted that the bank remains dedicated to the business. A company filing earlier this month showed ...
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 .
“This transaction is consistent with Wells Fargo’s strategy of focusing on businesses ... to its “market-leading commercial real estate business.” Wells Fargo shares recovered from an ...