The bank will sell its rail operating lease assets to a joint venture between GATX and Brookfield Infrastructure.

WFC inks deal to sell its $4.4B rail leasing unit, sharpening its focus on core financial services and cost efficiency.

Our corporate investment bank has been limited in terms of what they can do, because we tried very hard not to limit our ...

If you've got $100 to invest this June, Brookfield Infrastructure ( BIPC 2.01%) ( BIP 1.55%) is one top dividend stock you ...

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 most daunting consent order shadowing Wells Fargo & Co. remains in the Federal Reserve's $1.95 trillion asset cap that ...

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 ...

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.