FleetBoston winding down Robbie

FleetBoston is winding down operations at its boutique investment firm Robertson Stephens, which it put up for sale in April when Fleet elected to refocus on core businesses such as personal financial services and wholesale banking. Fleet was unable to find a buyer for the unit, and it also said that an employee-led buyout could not be brokered. Following the April announcement, Robbie had multiple departures of senior level employees, including head life sciences banker Mark Simon and senior analysts Michael King and Sam Williams. ...