Economy of Chicago - Finance

Finance

Top publicly traded
companies in metro Chicago
according to revenues
with metro and U.S. rankings
Metro Corporation US
1 Walgreen 32
2 Boeing 39
3 Kraft Foods 50
4 Sears Holdings 65
5 Abbott Laboratories 71
6 United Continental 76
7 Allstate 93
8 McDonald's 107
10 Exelon 145
11 IL Tool Works 149
12 Navistar 193
13 Baxter 195
14 Motorola Mobility 206
15 Sara Lee 220
16 Aon 235
17 RR Donnelley 249
18 CDW 270
19 Motorola Solutions 274
20 Discover 300
21 Dover 304
22 W. W. Grainger 318
23 Tenneco 350
24 OfficeMax 354
25 Anixter 386
26 Ingredion 390
27 CF Industries 402
28 Telephone & Data Systems 469
29 United Stationers 478
Further information:
Companies in the Chicago area

Source: Fortune 2012

The city houses one of the Federal Reserve Banks, established in 1914. There is also the Federal Home Loan Bank of Chicago. The largest banks in the Chicago region (by % of deposits) are: JPMorgan Chase, Bank of America (through its acquisition of LaSalle Bank), BMO Harris Bank (a BMO subsidiary), and Northern Trust. The largest banks headquartered in Chicago are: Northern Trust, BMO Harris Bank, Corus Bank, Wintrust Financial, and First Midwest Bank. Many financial institutions are in the Loop.

Chicago has five major financial exchanges, including the Chicago Stock Exchange (CHX), the Chicago Board Options Exchange (CBOE), the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT), and NYSE Arca. While the city of Chicago houses most of the major brokerage firms, many insurance companies are in the city or suburbs, such as Allstate Corporation.

Read more about this topic:  Economy Of Chicago

Famous quotes containing the word finance:

    “A bank is a confidence trick. If you put up the right signs, the wizards of finance themselves will come in and ask you to take their money.”
    —Christina Stead (1902–1983)

    “There is an enormous chasm between the relatively rich and powerful people who make decisions in government, business, and finance and our poorer neighbors who must depend on these decisions to alleviate the problems caused by their lack of power and influence.”
    —Jimmy Carter (James Earl Carter, Jr.)

    “Imperialism is capitalism at that stage of development at which the dominance of monopolies and finance capitalism is established; in which the export of capital has acquired pronounced importance; in which the division of the world among the international trusts has begun, in which the division of all territories of the globe among the biggest capitalist powers has been completed.”
    —Vladimir Ilyich Lenin (1870–1924)