Wells Fargo reportedly in talks with former Goldman executive Harvey Schwartz to be new CEO GlobeBusiness
Wells Fargo’s board is in talks with Harvey Schwartz, the former president and co-chief operating officer of Goldman Sachs, to take over as the bank’s next chief executive, the New York Post reported on Thursday, citing people briefed on the talks.
Schwartz is up against another serious candidate for Wells Fargo CEO Tim Sloan’s job, whose identity couldn’t immediately be learned, the newspaper reported citing one source close to the situation. Shares of Wells Fargo pared some losses to trade down 1.5 per cent at $49.62. The stock was earlier down 2.4 per cent.
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