Clarke J. Howatt, formerly a vice president of Kidder, Peabody & Co. in New York, has joined Rauscher Pierce Refsnes Inc. in San Francisco as a vice president to handle health-care financings.

Mr. Howatt, who worked in Kidder's health and education finance group, will emphasize small to medium-size health-care financings in the West for Rauscher Pierce, said Virginia Horler, senior vice president and co-manager of public finance for the firm.

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