Did Beal Bank become Monet Bank?

Written by Editorial Team | Last Updated: August 2026

Yes, The Benchmark Company, LLC was acquired by StoneX Group Inc. The acquisition was officially completed on August 5, 2025. This strategic move was intended to expand StoneX’s investment banking, equity research, and institutional sales and trading capabilities. Following the acquisition, Benchmark’s team and operations were integrated into StoneX's institutional division, though the Benchmark brand name was maintained in the near term to ensure continuity for its clients. The deal was originally announced in March 2025 and was viewed as a way for StoneX to deepen its presence in high-growth sectors such as technology, industrials, consumer goods, and healthcare by leveraging Benchmark’s existing client relationships and sector expertise.

Related FAQs

Monet Bank typically refers to commercial banking institutions or financial technology services sharing linguistic roots with that name, though it is most widely recognized in regional European contexts or project descriptions.