HARTFORD, Conn.— The bank analyst Joseph Duwan has left the New York investment firm Keefe, Bruyette & Woods Inc. and starts a new job today — executive vice president and director of research at Conning Corp., an investment management and research firm.

Mr. Duwan, 43, had been with Keefe Bruyette since about 1984 and resigned a week ago, said David Berry, director of research at that company. The analyst covered large-cap Midwest banks for Keefe Bruyette, including Firstar, KeyCorp, National City, Bank One, and Fifth Third.

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