<div id="readability-page-1"><p>Interactive Brokers Group (IBKR) has submitted an application to form a new national trust bank in the U.S., according to a filing with the Office of the Comptroller of the Currency. The proposed entity would be named Interactive National Trust Bank.</p><h3>Claim 50% Off TipRanks Premium and Invest with Confidence </h3><ul><li>Unlock  hedge-fund level data  and  powerful investing tools  designed to help you make smarter, sharper decisions  </li><li> Stay ahead of the market with  the latest news and analysis  so your portfolio is always positioned for maximum potential</li></ul> <p>This development comes as several fintech and trading firms are seeking banking licenses. Earlier in the week, PayPal Holdings (PYPL) and Mercury Technologies (PC:MERCY) also filed similar applications.</p> <p>Meanwhile, IBKR shares rose 2.10% on Friday, closing at $64.26.</p></div>

IBKR

<p>Interactive Brokers Group (IBKR) has applied to form a new national trust bank in the U.S., named Interactive National Trust Bank. This move aligns with other fintech firms like PayPal and Mercury Technologies seeking banking licenses. IBKR shares rose 2.10%, closing at $64.26.</p>

Interactive Brokers (IBKR) Applies for Trust Bank License to Expand Fund Services