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STANLEY DILLER TO JOIN PAINEWEBBER INCORPORATED

 STANLEY DILLER TO JOIN PAINEWEBBER INCORPORATED
 NEW YORK, Sept. 11 /PRNewswire/ -- PaineWebber Incorporated


(NYSE: PWJ) announced today that it has named Stanley Diller, managing director, to head fixed income strategy and quantitative research. Mr. Diller will report to Bruce Williams, managing director, mortgage backed securities group.
 Mr. Diller, 57, comes to PaineWebber from Bear Stearns where he was senior managing director, fixed income strategies for seven years. Prior to that he was with Goldman Sachs as a vice president. He earned a Ph.D. in Economics from Columbia University.
 "We are pleased to have someone of Stanley's caliber and level of experience head our fixed income strategy and quantitative research organization," said Lee Fensterstock, executive vice president and director of capital markets.
 "Stanley provides an excellent overview of fixed income markets form a strategic perspective and has quantitative skills will complement our existing research efforts," said Mr. Williams.
 PaineWebber Incorporated is one of the nation's leading full-service securities firms serving the investment and capital needs of a worldwide client base.
 -0- 9/11/92
 /CONTACT: Beverly T. Spano of PaineWebber, 201-902-6775, or Jeffrey Z. Taufield of Kekst and Company, 212-593-2655, for PaineWebber/
 (PWJ) CO: PaineWebber Incorporated ST: New York IN: FIN SU: PER


KD-LD -- NY071 -- 8692 09/11/92 17:52 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Sep 11, 1992
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