StoneX Fixed Income Division appoints Head of Structured Credit Banking Products
StoneX Group's Fixed Income Division, has hired Mary Stone as Managing Director, Head of Structured Credit Banking Products to bolster its structured credit products business through additional product offerings.
Anthony Di Ciollo, Co-Head of the Fixed Income Division, says: “Mary’s wealth of institutional experience from her time Bank of America and other top-tier institutions, will undoubtedly make her an invaluable asset to our firm. We look forward to welcoming her to StoneX as she spearheads the development of our new Structured Credit Banking team. We are excited to continue to build on the growth of Fixed Division by giving our clients access to additional product lines.”
Stone brings two decades of experience managing and leading banking teams and structuring loan strategies at some of the top industry names. Her most recent tenure was at Bank of America where she served as the Managing Director of Global Mortgages and Securitised Products where she led the business unit responsible for originating, structuring, and underwriting residential mortgage transactions. Prior to her tenure at Bank of America, she held positions at ICP Capital, Morgan Stanley, Lehman Brothers, and PricewatehouseCoopers. At StoneX she will be responsible for managing a team focused on structured credit baking products with plans to roll out new offerings including collateralised loan obligations, syndicated loans and other structured credit banking products.
Brian Vescio, Head of Structured Credit Products, says: “Mary provides a unique insight to the market working with multiple types of structured credit products over the past 20 years. In addition to her skillset, the initiatives she has been a part of and led, mirror the same values that StoneX represents. She will no doubt be an asset to our structured credit business by providing our clients access to a new segment of the market.”