Wells Fargo’s Big Rail Sell-Off!

Wells Fargo just sold off its entire rail leasing biz—yep, $4.4B worth of trains and railcars—to a GATX/Brookfield joint venture. They’re saying it’s all about streamlining and focusing on what matters. Plus, regulators just dropped another old penalty, bringing Wells Fargo one step closer to lifting that infamous asset cap. Stock’s up nearly 6% this year, but retail investors are still feeling a bit bearish. Is this the comeback story we’ve been waiting for? #WellsFargo #StockMarket #FinanceNews #Transportation