The Federal Reserve on Tuesday voted to scrap a near-$2 trillion asset cap imposed on Wells Fargo over a 2016 scandal that uncovered millions of fake accounts and other consumer abuses.The decision closes the door on a decade of regulatory woes for the nation’s fourth-largest lender and is a major victory for Wells Fargo CEO Charlie Scharf — allowing the bank to pursue growth by boosting loans, stepping up its Wall Street business and doing deals.Wells Fargo will no longer have to operate under a $1.95 tril ...

富国银行（WFC）美股盘后涨5.74% 美联储取消针对富国银行的资产上限限制。 ...

美联储取消针对 富国银行的 资产上限限制，富国银行股价盘后上涨6%。 ...

智通财经APP获悉，周一，随着全球贸易紧张局势加剧，美元兑十国集团(G10)所有货币均出现下跌。 Bloomberg美元指数下跌0.6%，接近2023年以来最低的盘中水平。与此同时，华尔街多家银行对美元将 进一步走软的预期正在升温，理由包括美联储即将降息、经济增长放缓、以及美国总统特朗普的贸易与 税收政策带来的影响。 摩根士丹利表示，到明年年中，美元将跌至大流行期间的水平。摩根大通也持续看空美元。高盛则指 出，如果加征关税的政策受阻，白宫方面试图探索其他收入来源的举措可能对美元造成更加严重的打 击。富国银行策略师Aroop Chatterjee直言："我们认为，围绕美元走软的中期叙事正在形成。" 美元空头仓位接近2023年以来最高 摩根士丹利全球宏观策略主管Matthew Hornbach周一表示："美国以外的投资者正在重新审视他们在美 国的资产配置，同时也在重新评估与这些资产相关的美元敞口。他们提高了对冲比率，这是未来12个月 内将给美元带来下行压力的因素之一。"该行预测，美元指数(DXY)将在明年6月左右下跌约9%，跌至 91点。 以Meera Chandan为首的摩根大通策略师重申了对美元的负面看法，并 ...

Core Insights - Wells Fargo & Company (WFC) has entered into a definitive agreement to divest its rail equipment leasing business to a joint venture formed by GATX Corporation and Brookfield Infrastructure, with the deal expected to close by the first quarter of 2026, pending regulatory approvals [1][6] - The divestiture includes WFC's entire portfolio of rail operating lease assets valued at approximately $4.4 billion, along with its rail finance lease portfolio, and is not expected to materially impact the company's financial position or earnings [2][6] - This transaction aligns with WFC's strategy to simplify its operations and focus on core financial services, as the company continues to optimize its portfolio and strengthen its core financial operations [3][6] Strategic Focus and Efficiency - WFC is actively engaged in cost-cutting measures, including streamlining its organizational structure, closing branches, and reducing headcount, with management expecting $2.4 billion in gross expense reductions in 2025 [4][6] - The company has previously divested its non-Agency third-party Commercial Mortgage Servicing business to Trimont in March 2025, further reinforcing its focus on lending, advisory, and capital markets capabilities [3] Market Performance - Over the past year, WFC shares have gained 26%, slightly below the industry growth of 27.1% [5]

Core Viewpoint - Wells Fargo & Company (WFC) is making progress in resolving regulatory issues, as evidenced by the termination of a 2015 agreement by the Office of the Comptroller of the Currency (OCC), which has positively impacted its stock price and moves the bank closer to lifting its $1.95-trillion asset cap [1][5]. Group 1: Regulatory Progress - The termination of the 2015 agreement is the 13th consent order resolved by Wells Fargo since 2019 and the seventh since the beginning of 2025, indicating a significant step forward in addressing regulatory challenges [2]. - The bank has faced scrutiny from regulators due to scandals, including the creation of millions of unauthorized accounts, leading to a $1.95-trillion asset cap imposed by the Federal Reserve since 2018 [3]. - CEO Charlie Scharf expressed confidence in the bank's regulatory improvements and highlighted ongoing efforts to strengthen compliance, including an annual allocation of $2 billion to enhance risk controls and operational processes [4]. Group 2: Impact of Asset Cap - The termination of the OCC's 2015 consent order brings Wells Fargo closer to lifting the asset cap, with the focus now on the remaining 2018 Federal Reserve board consent order [5]. - The asset cap has hindered the bank's growth potential, particularly affecting loan growth, which is crucial for the bank's asset base [6]. - Lifting the asset cap will enable Wells Fargo to offer loans without restrictions, supporting top-line expansion and positioning the bank for long-term growth [6]. Group 3: Stock Performance - Over the past year, WFC shares have gained 27.3%, compared to the industry's growth of 29.4%, reflecting a positive market response to the bank's regulatory progress [7].

根据声明，GATX将对合资企业的资产拥有商业和运营控制权，并对其进行管理。 据富国银行网站显示，其铁路设备租赁业务(包括2015年从通用电气公司收购的资产)拥有超过13.5万辆 铁路车辆和850辆机车。客户使用这些设备来运输水泥、谷物、煤炭产品和其他商品。 GATX表示，该合资企业的融资由富国证券、美国银行证券、三菱日联银行和三井住友银行提供。这些 机构提供了32亿美元的5年期无担保定期贷款和2.5亿美元的无担保循环信贷安排。 富国银行正试图摆脱困扰该银行七年多的资产上限规定。周四，在美国货币监理署终止了2015年的部分 监管指令后，该银行了结了第七次监管处罚，向这一目标又迈进了一步。 智通财经APP获悉，富国银行(WFC.US)同意将其铁路设备租赁业务的资产出售给Brookfield基础设施 (BIP.US)和GATX Corp(GATX.US)组建的合资企业，该银行将继续重新专注于其核心的贷款和咨询业 务。 富国银行周四在声明中表示，此次出售包括其账面价值约44亿美元的铁路运营租赁资产组合，以及铁路 融资租赁资产组合。富国银行表示，预计该交易不会对盈利产生重大影响，并将于明年初完成。 富国银行首席执行官C ...

本文来自彭博终端，终端用户可运行NSN SVI3F8T1UM0W 阅读原文。非终端用户可点击文末 "阅读原文" 预约演示。 彭博行业研究 (Bloomberg Intelligence) 就各公司、行业和市场提供全球投研分析以及交互式 数据。在 环境、社会与治理（ESG） 方面，BI研究立于行业前沿，聚焦热门话题，为您分享 关键洞察。 扫描二维码 立即订阅 彭博ESG双周报 本期主题：银行业联盟转向恐致碳目标推迟实现：谁面临撤资风险？ （彭博行业研究）—— 净零银行业联盟(Net-Zero Banking Alliance)近期通过投票放宽了对成 员资格的规定，此举或将为银行在放弃或调整各自净零目标方面留出回旋余地，进而引发环 境、社会和治理(ESG)投资者撤资的潜在风险。瑞银与荷兰国际集团面临的风险最大——其相 当于3%以上市值的股票由ESG基金和气候基金持有。富国银行近日宣布放弃净零目标，尽管其 面临的撤资风险较低（占市值的0.5%），但若有其他银行效仿，撤资风险可能会上升。 哪些欧洲银行面临投资者撤资风险？ 净零银行业联盟通过投票放宽了一项气候目标，该目标此前要求成员机构将其贷款和投资组 合与温升不超过 ...

Core Viewpoint - Wells Fargo & Company is making significant progress in regulatory compliance, which may lead to the lifting of the $1.95 trillion asset cap imposed by the Federal Reserve due to past governance failures [1][2][5]. Regulatory Progress - The bank has resolved six consent orders in 2024, totaling 12 resolved regulatory actions since 2019, and is investing $2 billion annually to enhance risk controls and operational processes [3][4]. - Wells Fargo is addressing the final two remaining consent orders and is preparing to expand its retail deposits business as restrictions are expected to be lifted [4]. Growth Potential - The asset cap has hindered the bank's growth, particularly in loan offerings, which are crucial for its balance sheet expansion [5]. - Lifting the asset cap will enable Wells Fargo to offer loans without restrictions, supporting top-line growth and long-term expansion [5]. Long-term Strategy - The bank's strategy focuses on expanding deposits and trading operations while enhancing compliance and operational improvements [6]. - Wells Fargo aims for a return on tangible common equity (ROTCE) of 15% by 2025, with plans for organic growth, dividend increases, and share buybacks [7]. Investment in Technology - Significant investments are being made in technology and artificial intelligence to streamline operations, improve risk management, and drive future business development [7]. Stock Performance - Over the past year, Wells Fargo shares have increased by 24.1%, compared to the industry's growth of 28.2% [8].

Group 1 - The conference marks the 41st Annual Strategic Decisions Conference, featuring Wells Fargo's CEO Charlie Scharf [1][2] - Charlie Scharf has been serving as CEO and President of Wells Fargo since 2019 [2] - The discussion will focus on the current macroeconomic environment and its impact on consumer and corporate behavior [5] Group 2 - There is ongoing concern among consumers and businesses, but it has not significantly affected spending or credit behavior [6] - Strong consumer spending and credit performance are observed, alongside robust performance from corporate clients [6]