Scaturro's Fate Up in the Air

Just where former U.S. Trust CEO Peter Scaturro will end up isn't known for the moment, and that means the Wall Street rumor mill is rife with speculation about the banking veteran's next post.

Bank of America (BAC Quote) wrapped up its $3.3 billion acquisition of U.S. Trust from Charles Schwab(SCHW Quote) on Monday.

Originally, Scaturro was expected to spearhead Bank of America's combined private asset management business after the merger, but he abruptly left amid what was believed to be a conflict with BofA executives. So far, he hasn't landed anywhere, though he is being linked to a pair of possibilities. ...