UK's Wise seeks to create national trust bank in US, Bloomberg News reports-January 2024-www.financetom.com

UK's Wise seeks to create national trust bank in US, Bloomberg News reports

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UK's Wise seeks to create national trust bank in US, Bloomberg News reports

Jul 2, 2025 9:54 AM

July 2 (Reuters) - Money transfer company Wise Plc

has applied to be directly regulated by the U.S.

Office of the Comptroller of the Currency to create a national

trust bank in the country, Bloomberg News reported on Wednesday,

citing documents.

Wise, which is planning to move its primary listing to the

U.S. from London, did not immediately respond to a Reuters

request for comment.

(Reporting by Shanima A in Bengaluru; Editing by Shinjini

Ganguli)

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