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Wells Fargo is considering a sale of its minority stake in a Hong Kong lender, as the U.S. bank continues to unload assets as part of a turnaround plan, people with knowledge of the matter said. 

Hong kongCharlie scharfShanghai united international investment ltdShanghai commercial bankShanghai commercial bank ltdShanghai commercial savings bank ltdUs office of the comptrollerWells fargoFrancisco based wells fargoChief executive charlie scharfCommercial bankShanghai commercialSavings bankShanghai united international investmentM amp aIndustry news