Ex-U.S. Trust CEO joins Goldman Sachs

Peter K. Scaturro today joined Goldman Sachs as managing director and global head of private wealth management. The position is new, said spokesman Christopher J. Williams. Mr. Scaturro will report to Peter S. Kraus, managing director and head of the investment management division, which includes the private wealth management unit and Goldman Sachs Asset Management. Mr. Scaturro was CEO of U.S. Trust. He left the bank in April, prior to its acquisition by Bank of America.