(Reuters) - The bank on Monday said Sevilla-Sacasa "recently" replaced Peter Scaturro as U.S. Trust's chief executive.
Scaturro had been expected to lead the new private wealth unit, which will serve very affluent clients, but Bank of America last week said he would instead depart when the $3.3 billion transaction closes. The bank did not give a reason.
Read more at Reuters.com Business News
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