Having sealed its pact to acquire San Francisco-based Montgomery Securities, NationsBank Corp. said it is in a position to contend seriously for capital markets business it has been losing to rivals.

"This is the last arrow in the quiver that we need to have one- stop financing," Edward J. Brown 3d, NationsBank's president of global finance, said Monday.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.