BT Alex. Brown Inc., the securities subsidiary of Bankers Trust Corp., hired two Deutsche Bank energy bond analysts.

Paul H. Tice joins the bank as a principal in its global bond research team. Mr. Tice, who will cover the energy and chemical sectors, was ranked second in energy fixed-income research by Institutional Investor magazine last year.

At Deutsche Bank Securities, he was a director in the global credit research department responsible for the energy and chemical sectors. Before that, he was an analyst at Lehman Brothers.

Andrew Brady, who worked with Mr. Tice at Deutsche Bank as a research associate, has also joined BT Alex. Brown.

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