July 05, 2016 BY Valentina Kirilova

INTL FCStone completes the Acquisition of the Correspondent Clearing and Independent Wealth Management Businesses from Sterne Agee LLC

Commodities and Forex broker INTL FCStone Inc. (NASDAQ:INTL) has announced today that it has substantially completed its acquisition of the correspondent securities clearing business and independent wealth management business from Sterne Agee LLC, a wholly-owned subsidiary of Stifel Financial Corp. Details about the acqusition were provided last week. The July 1, 2016 closing involved three broker…

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