
Pressure has been rising on Wells Fargo to turn the company around, as investigators uncover more alleged wrongdoing across the bank, stemming from the company’s aggressive sales culture. The talks with Schwartz are still ongoing and could still fall apart, one person said. “Gary Cohn was all teed up to be the next CEO and he turned them down.”

“Wells Fargo has an enormous affinity for Goldman people,” one prominent Wall Street CEO told The Post. That statement had been made in response to The Post’s exclusive report that board members of the bank had reached out to another Goldman alum - former White House economic adviser Gary Cohn. Randolph reiterated a statement from Wells chairwoman Betsy Duke in September, saying “CEO Tim Sloan has the unanimous support of the board, and this support has never wavered.” “There’s no validity to any rumors that Wells Fargo is in talks with anyone,” said Arati Randolph, a spokeswoman for the bank, declining to comment specifically about Schwartz. Neither Schwartz nor Salame could immediately be reached for comment on Thursday.
#Harvey schwartz free
Schwartz’s non-compete agreement with Goldman Sachs recently lapsed, and he is free to pursue other jobs, according to a source familiar with the situation.

Schwartz also is thinking about starting a family investment office with Pablo Salame, the former co-head of Goldman Sachs’ securities division who also left last year after Solomon took the helm, according to the source. “The issue is that he does not want to move to Charlotte or San Francisco,” one source said, noting that Wells Fargo’s East Coast headquarters is in Charlotte, North Carolina. Nevertheless, it’s not clear whether Schwartz will take the helm of the San Francisco-based bank. The 53-year-old banker is up against one other serious contender for the top job whose identity couldn’t immediately be learned, according to one source close to the situation. Schwartz - who last year lost a race against David Solomon to succeed Lloyd Blankfein as Goldman’s CEO - is in discussions with the nation’s third-biggest bank to take the reins from Tim Sloan, according to two people briefed on the talks. Members of Wells Fargo’s board are 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 Post has learned. Wells Fargo staged sham job interviews for black, female candidates: report SEC fines Wells Fargo $7M for anti-money laundering lapses Wells Fargo’s hiring practices under criminal investigation: report Interment was at Garden of Remembrance Cemetery, Clarksburg, Maryland.Fourth of July food costs up 11% due to inflation: Wells Fargo Harvey was also blessed with three great-grandchildren: Shai and Ziv Schwartz and Lana Horowitz.

He is also survived by his grandchildren, Daniel, Eric (Tamar Feinkind), and Joel Horowitz Ari (Tal), Yael (Avi Fagan), Rachel, Aviva, Hillel, and Kate Schwartz. He is survived by his children, Sharon Horowitz (Alan) Jeff Schwartz (Milayna Subar) Ralph Schwartz (Marci Dickman) and Dov Schwartz (Revital Mashal). Harvey was predeceased by his wife of 66 years, Eleanor Wishnovitz Schwartz. He was an active member of Congregations Poale Zedeck and B’nai Emunah in Pittsburgh, and Ner Tamid in Baltimore. In addition to working in the family tavern in the Hill District and teaching physical education at Hillel Academy, he worked many years for both The State of Israel Bonds and the Jewish National Fund. A longtime resident of Pittsburgh who also lived in Atlanta, Chicago, San Diego, Baltimore and Rockville, Maryland. 9, 2021, son of the late Rose Schwartz Bodek and the late A.J.
