LONDON, UNITED KINGDOM--(Marketwired - Dec 8, 2016) - INTL FCStone Inc. (NASDAQ: INTL) today announced that its London-based subsidiary, INTL FCStone Ltd's Global Payments Division ("GPD" or "the Company"), has appointed François Beau Yon de Jonage as Senior Vice President. He joins the Company from Société Générale, where he served as Head of the firm's Global Exotic Currency Service.
Mr. Beau Yon de Jonage is a leading expert in the global payments and foreign exchange industries, and brings his significant expertise and extensive knowledge in these fields to INTL FCStone Ltd's Global Payments Division. During his last five years at Société Générale, he managed the firm's Global Exotic Currency sales and trading for a client base inclusive of financial institutions, corporations, government agencies, and non-profit organizations.
Carsten Hils, Global Head of INTL FCStone Ltd's Global Payments Division, commented on today's news, "We are thrilled to welcome François to our team. His extensive book of business, as well as his unparalleled understanding of those industries in which we operate and the unique needs of our client base, will reinforce our position as the industry leader in the global payments space. François' deep knowledge of global frontier markets will be enormously beneficial as we continue to improve the products and services that we offer to our customers."
INTL FCStone Ltd's Global Payments Division allows clients to execute payments in more than 175 countries and 140 currencies through its global network of approximately 300 correspondent banks. These critical relationships allow the Company to provide efficient and secure cross-border payments for its clients, and to source unique insights into local market conditions. Mr. Beau Yon de Jonage's appointment will allow GPD to build out this worldwide network even further, as he has established a substantial number of trusted global correspondent banking relationships over the course of his 17-year career.
Mr. Beau Yon de Jonage commented, "I am excited to be working alongside INTL FCStone's team of cross-border payments professionals, who are not only experts in the space but are deeply committed to client service. The Company maintains a leadership position in providing payments and foreign exchange services for exotic countries. I look forward to utilizing my knowledge and skillset to serve the Global Payments Division's customer base, and to leveraging my relationships across the industry to further the Company's growth."
About INTL FCStone Ltd
INTL FCStone Ltd ("IFL") is a wholly owned subsidiary of INTL FCStone Inc. ("INTL"). IFL is registered in England and Wales (5616586). IFL is authorised & regulated by the Financial Conduct Authority [FRN 446717]. INTL acts as Agent for IFL in New York. INTL Asia Pte Ltd acts as agent for IFL in Singapore. Any individual security mentioned in this presentation is subject to the following disclosure: This information is not meant to be viewed as analysis or opinion of any security. This information should not be taken as an offer or as a solicitation of an offer for the purchase or sale of any security or other financial instruments or as a recommendation to engage in any trading strategy. INTL FCStone Financial Inc. may have long or short positions in securities or related issues mentioned here.
INTL FCStone Inc., through its subsidiaries, is a leading provider of financial-services execution, risk management, market intelligence, and post-trade services across asset classes and markets around the world.
A Fortune 500 company with a nearly 100-year track record, the company focuses on providing products and services within the commodities, securities, foreign exchange and global payments sectors. INTL customers include the producers, processors and end users of virtually every major traded commodity; commercial counter parties; and governmental, nongovernmental and charitable organizations. The company also serves institutional investors, brokers, professional traders, CTA/CPOs, proprietary trading groups, commercial banks and major investment banks. Headquartered in New York City, the company is listed on the Nasdaq under the ticker symbol "INTL".
Further information on INTL FCStone is available at www.intlfcstone.com.