First Union Capital Markets Inc. has hired Christopher S. Russ as a vice president and health-care analyst in its New York equity research office.

Mr. Russ was a senior health-care analyst at Bankers Trust Corp.'s BT Alex. Brown, and earlier at Lehman Brothers Inc. He has five years' coverage experience in the health-care industry, with particular expertise in information technology.

First Union Capital has three other senior health-care analysts- Christopher McFadden, Joel Ray, and Craig Dauer.

The company is the broker-dealer unit of First Union Corp. of Charlotte, N.C.

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