NationsBank Corp. bought Montgomery Securities for its equity prowess, but the acquisition is making NationsBank more junk-bond savvy as well.

One week after NationsBank closed its $1.2 billion deal for Montgomery, it began naming business heads for the newly minted NationsBank Montgomery Securities Inc. And its executives say they are ready to roar into Wall Street's businesses.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.