SAN FRANCISCO Robertson Stephens, the investment banking arm of FleetBoston Financial Corp., eliminated 200 jobs Tuesday and Wednesday in the second round of across-the-board job cuts this year.
Jobs at all levels and in this country and abroad were eliminated, said spokeswoman Courtney Weber. Including the 80 jobs cut in late March, Robertson Stephens has reduced its work force by 19%, to 1,250, because of a severe slowdown in equity capital raising.
Last week FleetBostons chief financial officer, Eugene McQuade, said that it was considering eliminating 500 positions at the investment bank and its retail brokerage, Quick & Reilly.
