Media Contact:
Danielle Dietz
(704) 383-5392
|
August 03, 2000
First Union Securities Announces Healthcare Analyst Teich Will Lead Healthcare Information Technology and E-Health Research Effort
NEW YORK-First Union Securities, Inc. announced today that Senior Healthcare Analyst Seth Teich will lead First Union Securities' equity research effort in the Healthcare Information Technology and e-Health Sectors.
Teich will add this new area of coverage to his existing Healthcare Distribution franchise, which includes such names as Cardinal Health, McKessonHBOC, Accredo Healthcare and Priority Healthcare.
"We are pleased to have Seth continue to develop his overall platform in the healthcare space," noted Anthony Gallo, National Director of Equity Research for First Union Securities. "The Healthcare Information Technology and e-Health Sectors are addressing tremendous unmet need in the marketplace and are a critical part of First Union's overall healthcare franchise. We believe Seth will be well positioned to provide a distinctive point of view given the convergence of distribution and Internet technology in the Healthcare sector."
Teich joined First Union Securities Healthcare Research team in 1999 after working at Bank of America Securities and its predecessor company Montgomery Securities, since 1995. Prior to becoming an equity research analyst, Teich was employed at Children's Hospital and Medical Center in Seattle, since 1993. Teich holds a Bachelor of Science degree in Biology from Cornell University and is a Chartered Financial Analyst.
First Union Securities, Equity Research division has nearly 50 senior analysts covering approximately 500 companies in nine main sectors: Communication, Consumer & Business Services, Energy, Financial Services, HealthCare, Industrial, Media, Real Estate/REITS/Lodging, and Technology.
First Union (NYSE:FTU), with $258 billion in assets and stockholders' equity of $14 billion at June 30, 2000, is a leading provider of financial services to 15 million retail and corporate customers throughout the East Coast and the nation. The company operates full-service banking offices in 12 East Coast states and Washington, D.C., and full-service brokerage offices in 41 states and international offices worldwide. Online banking products and services can be accessed through www.firstunion.com.
Important Notice: First Union Securities is the trade name under which First Union Corporation conducts its investment banking, merger and acquisition, asset management and mutual fund, brokerage and insurance businesses.
First Union Securities includes: (1) First Union Securities, Inc. ("FUSI"), a registered broker-dealer and member NYSE/NASD and SIPC providing investment banking, merger and acquisition advisory and brokerage services to corporations, individuals and other institutions throughout the United States; (2) First Union Brokerage Services, Inc. ("FUBS"), a separately registered broker-dealer and member NASD and SIPC providing primarily retail brokerage services; (3) First Clearing Corporation ("FCC"), a separately registered broker-dealer and member NYSE/NASD and SIPC, providing securities clearance and settlement services; (4) the Capital Markets and Capital Management Groups within First Union National Bank ("FUNB"), a national banking association, and its subsidiaries, providing asset management, lending, structured finance risk management, derivatives, and fiduciary services to institutions and individuals; (5) various subsidiaries within First Union Corporation providing investment advisory, administrative and other services to the Evergreen and Mentor families of mutual funds; and (6) various wholly-owned state insurance agencies.
Stocks, bonds, mutual funds or other securities offered or sold through First Union Corporation or any of its bank or non-bank subsidiaries are not deposits of any bank and are not insured, guaranteed or otherwise protected by the Federal Deposit Insurance Corporation or any other government agency; are not endorsed or guaranteed by First Union Corporation, FUNB or any bank; and involve investment risk, including possible loss of principal.
|
Email This Page
Printer Friendly Version
