BancBoston Robertson Stephens has hired a high-yield analyst from NationsBanc Montgomery Securities, the section 20 subsidiary of BankAmerica Corp.
Rosemary Sisson joins the firm as a managing director, covering the consumer products, retail, and restaurant industries. She is based in New York and reports to Richard T. Miller, managing director and head of high- yield research.
Before Montgomery, Ms. Sisson was the director of high-yield research for CIBC Wood Gundy Securities and a vice president with Salomon Brothers.
A BankBoston Corp. spokeswoman said executives plan to strengthen the bank's high-yield platform. Offering high-yield to traditional Robertson Stephens clients was a major reason for the bank's acquisition of the San Francisco-based firm from BankAmerica Corp. last year, she said.