NationsBanc Capital Markets Inc., Charlotte, N.C., has hired Stephen Chronert as managing director of high-yield sales.

Mr. Chronert had been sales and managing director of high-yield sales at First Boston Corp., New York, a subsidiary of CS First Boston.

In March, John Delaney also was named a director in high-yield sales. Mr. Delaney was a high-yield salesman at Merrill Lynch for 10 years before joining NationsBanc Capital.

NationsBanc Capital Markets is an investment securities firm affiliated with NationsBank Corp., Charlotte.

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