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Scaturro to helm Goldman wealth unit

Goldman Sachs has hired ex-U.S. Trust CEO Peter Scaturro as global head of its private wealth management unit.

Goldman Sachs Group Inc. has hired ex-U.S. Trust CEO Peter Scaturro as global head of its private wealth management business, according to reports.
Mr. Scaturro left U.S. Trust after Bank of America Corp. said it would buy the Charles Schwab Corp. unit for $3.3 billion.
He had helmed the private wealth management company since 2005.

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