NationsBank Corp., Charlotte, N.C., has named Peter D. Morgan as a managing director in its mergers and acquisitions group.

Mr. Morgan will be responsible for the newly created transaction development group, which provides research and analysis of mergers and acquisitions. He headed such a group at Lehman Brothers.

In addition, the banking company elected O. Temple Sloan to its board. He is the founder and chairman of General Parts Inc., a Raleigh-based distributor of automotive parts.

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