Wells Fargo’s owes Donald Trump a thank you note. Image source: iStock/Thinkstock.
Wells Fargo (NYSE: WFC) found itself in an unusual position over the past few months, going from golden child of the bank industry to its fallen angel thanks to a scandal and a series of regulatory missteps. But the tide has already begun to turn for the nation’s third biggest bank by assets, thanks in no small part to the new presidential administration.