In Brief: NationsBank Hires Four For Derivatives Risk Unit

NationsBank Corp. has hired four executives to staff a new risk management group that will focus on derivative products, a spokeswoman confirmed.

Dan Stone, who headed option sales and marketing support at Banque Indosuez in Paris, Charles Brown of Deutsche Morgan Grenfell, and David Napolo and Jim Kemphoefner of First National Bank of Chicago are joining the new group.

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