Sterne Agee: INTL FCStone Inc. Completes the Merger of Sterne, Agee & Leach Inc. into INTL FCStone Financial Inc.

NEW YORK, July 3, 2017 -- INTL FCStone Inc. (NASDAQ-NMS: INTL) today announced the merger of its wholly owned subsidiary, Sterne, Agee & Leach, Inc. ("Sterne Agee") with and into its wholly owned subsidiary, INTL FCStone Financial Inc. ("the Company"). The merger further consolidates INTL FCStone's regulated entities, and is expected to result in operational efficiencies at INTL FCStone Financial Inc. and to enable expansion of its Correspondent Clearing Division.