Banco Inter S.A. (BOVESPA:BIDI4) has hired banks to manage a listing in the United States, it said in a securities filing, sending its shares higher on October 7, 2021. According to Banco Inter, it has hired Bank of America, Bradesco BBI, J.P. Morgan and Itau BBA to manage the listing. The bank also said that studies regarding its corporate reorganization were concluded and approved by its board. The bank had announced in May 2021 plans to list its shares on Nasdaq. Shareholders in Banco Inter will be able to trade shares directly in the United States or through Brazilian Depositary Receipts on the Brazilian stock market. The bank said it is unable to predict when the listing will be concluded.