NationsBanc Capital Markets Inc. last week named David Roberts director of emerging markets sovereign research.

Mr. Roberts had been a senior vice president and managing director at Duff & Phelps Credit Rating Co. and head of its international ratings group.

He will be based in New York and report to Tom White, NationsBanc's head of high-yield and emerging markets sales and trading.

Before his four-year stint at Duff & Phelps, Mr. Roberts worked at the Federal Reserve Bank of New York, which he joined in 1979. He was deputy head of the foreign exchange desk and managed the New York Fed's international financial markets and emerging markets research.

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