Wells Fargo announced new account openings fell by 44% in October and new credit card applications had plummeted by 50%, NBCNews reports.
Jim Cramer explained the reason he thinks the move in banks could last.
Next up: a report Thursday on October sales, followed by a conference call just after the market opens.
The results of this election should not only be felt in Washington. Business leaders ignore its message at their peril.
Sources told Dow Jones that the SEC has requested documents from the bank in recent weeks.
California's attorney general is conducting a criminal investigation into whether employees at San Francisco-based Wells Fargo bank stole identities.
Former Wells Fargo CEO John Stumpf resigned from the board of directors of Chevron and Target on Monday.
Former Wells Fargo CEO John Stumpf resigns from the Target and Chevron boards, effective immediately. CNBC's Dominic Chu reports.
Emily Glazer, Wall Street Journal, discusses the Wells Fargo fallout, and how the saga is not over.
Jim Stewart, The New York Times, discusses John Stumpf's retirement from Wells Fargo and the systemic issues at the bank, as well as his ideas on how to fix the tax code.
More needs to be done to address the scandal that rocked Wells Fargo, Rep. Carolyn Maloney, D-N.Y., said.
Rep. Gregory Meeks (D-N.Y.) shares his take on Wells Fargo's management shakeup, and what the company needs to do regain customer confidence.
CNBC's Aditi Roy reports the latest on the Wells Fargo fallout, and speaks to customers about regaining their trust.
Rep. Carolyn Maloney (D-N.Y.) discusses former Wells Fargo CEO John Stumpf's departure from the company.
Former LA Times Reporter Scott Reckard, reporter who initially broke the Wells Fargo story in 2013, discusses the company's fake accounts saga.
Cam Fine, Independent Community Bankers of America, discusses Wells Fargo's management change, and why splitting chairman & CEO positions means stronger governance for banks.
Banks face increased regulations thanks to Wells Fargo, FBR Capital Markets' Paul Miller says.
The scandal served as a reminder of how far banks have to go yet to recover the public trust they lost after the 2008 financial crisis.
Mary Jo White, SEC Chair, discusses new mutual fund rules and Wells Fargo's recent executive shakeup.
Kevin Barker, Piper Jaffray senior research analyst, and Chris Kotowski, Oppenheimer senior research analyst, discuss the risk and rewards surrounding Wells Fargo's CEO change.