NEW YORK - Former Lehman Brothers banker William Haley has joined Prudential Securities Inc. as a director in the mortgage and asset-backed capital division.

Mr. Haley has worked with Lehman Brothers since 1989. Since 1993, he has been a senior vice president in mortgage sales. He headed the firm's asset- backed finance group from 1989 to 1992.

Before his stint at Lehman Brothers, Mr. Haley was a vice president at Salomon Brothers Inc., where he specialized in asset-backed financial products.

He will report to the division's co-heads, Len Blum and Paul Jenison.

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