BankBoston Corp. has completed its $800 million acquisition of San Francisco securities firm Robertson Stephens from BankAmerica Corp., bringing equity underwriting capability to the $70.5 billion-asset bank holding company for the first time.

The firm will merge with BankBoston's investment banking subsidiary, BancBoston Securities Inc., which emphasizes high-yield debt products. Afterward, the subsidiary will use the global brand BancBoston Robertson Stephens Inc.

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