<div id="readability-page-1">Interactive Brokers (IBKR) has applied for a National Trust Bank Charter, a move that could allow the electronic broker to offer bank-like services in the U.S., subject to regulatory clearance, Bloomberg reported. According to the application submitted to the Office of the Comptroller of the Currency, the proposed bank would be named Interactive Na...</div>

IBKR

<p>Interactive Brokers (IBKR) has applied for a National Trust Bank Charter, which would allow it to offer bank-like services in the U.S., pending regulatory approval. The proposed bank, Interactive National Trust Bank, aims to provide custodial and securities lending services to mutual funds and ETFs. This follows recent conditional approvals for similar charters by the OCC.</p>

Interactive Brokers reportedly seeks National Trust Bank charter