First Union Capital Markets has hired Mark S. Piscatelli as a director in its public finance department.

Mr. Piscatelli will be based in Hartford, Conn., and will work with state and local issuers and health-care and education borrowers. He will report to Charles R. Ellinwood, who is responsible for First Union's public finance in New York, New Jersey, and Connecticut.

Mr. Piscatelli has worked at Fleet Securities and Advest, both in Connecticut.

First Union Capital Markets is a unit of Charlotte, N.C.-based First Union Corp.

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