StoneX Wraps Up Benchmark Deal, Expanding Its Reach Into Investment Banking - FinanceFeeds

StoneX Completes The Benchmark Company Acquisition, Expands Investment Banking Capabilities

The deal, first announced in March, sees Benchmark’s team and operations integrated into StoneX’s Institutional division.  The Benchmark brand will be retained in the near term to maintain client continuity. Benchmark is known for its strong client relationships and expertise in sectors such as technology, industrials, consumer and healthcare.  The firm provides investment banking, equity research, and institutional sales and trading services. “…

StoneX Wraps Up Benchmark Deal, Expanding Its Reach Into Investment Banking - FinanceFeeds

StoneX has closed its acquisition of The Benchmark Company, a move that cements the financial services giant’s shift deeper into the heart of Wall Street’s capital-raising business. The acquisition, first announced in March, adds equity and debt capital markets expertise, equity research, and investment banking advisory to StoneX’s growing institutional arsenal. While the company did not disclose fresh terms at closing, the original deal was peg…

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StoneX closes acquisition of The Benchmark Company

StoneX Group Inc, a global financial services firm, today announced the successful completion of its acquisition of The Benchmark Company, LLC. The post StoneX closes acquisition of The Benchmark Company appeared first on FX News Group.