Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 census, it is the 3rd-most populous city in the United States after New York City and Los Angeles. As the seat of Cook County, the second-most populous county in the U.S., Chicago is the center of the Chicago metropolitan area, often colloquially called "Chicagoland" and home to 9.6 million residents.
The Bank of Montreal, abbreviated as BMO, is a Canadian multinational investment bank and financial services company.
The Chicago metropolitan area, also referred to as the Greater Chicago Area and Chicagoland, is the largest metropolitan statistical area in the U.S. state of Illinois, and the Midwest, containing the City of Chicago along with its surrounding suburbs and satellite cities. Encompassing 10,286 square mi (28,120 km2), the metropolitan area includes the city of Chicago, its suburbs and hinterland, that span 13 counties across northeast Illinois and northwest Indiana. The MSA had a 2020 census population of 9,618,502 and the combined statistical area, which spans 19 counties and additionally extends into southeast Wisconsin, had a population of nearly 10 million people. The Chicago area is the third largest metropolitan area in the United States and the fourth largest metropolitan area in North America, and the largest in the Great Lakes megalopolis. Its urban area is one of the forty largest in the world.
The Chicago Mercantile Exchange (CME) is a global derivatives marketplace based in Chicago and located at 20 S. Wacker Drive. The CME was founded in 1898 as the Chicago Butter and Egg Board, an agricultural commodities exchange. For most of its history, the exchange was in the then common form of a non-profit organization, owned by members of the exchange. The Merc demutualized in November 2000, went public in December 2002, and merged with the Chicago Board of Trade in July 2007 to become a designated contract market of the CME Group Inc., which operates both markets. The chairman and chief executive officer of CME Group is Terrence A. Duffy, Bryan Durkin is president. On August 18, 2008, shareholders approved a merger with the New York Mercantile Exchange (NYMEX) and COMEX. CME, CBOT, NYMEX, and COMEX are now markets owned by CME Group. After the merger, the value of the CME quadrupled in a two-year span, with a market cap of over $25 billion.
The Chicago Board of Trade (CBOT), established on April 3, 1848, is one of the world's oldest futures and options exchanges. On July 12, 2007, the CBOT merged with the Chicago Mercantile Exchange (CME) to form CME Group. CBOT and three other exchanges now operate as designated contract markets (DCM) of the CME Group.
The Great Lakes region of Northern America is a binational Canadian–American region centered around the Great Lakes that includes the U.S. states of Illinois, Indiana, Michigan, Minnesota, New York, Ohio, Pennsylvania, and Wisconsin and the Canadian province of Ontario. Canada's Quebec province is at times included as part of the region because the St. Lawrence River watershed is part of the continuous hydrologic system. The region forms a distinctive historical, economic, and cultural identity. A portion of the region also encompasses the Great Lakes megalopolis.
Greater St. Louis is the 21st-largest metropolitan statistical area (MSA) in the United States, the largest in Missouri, and the second-largest in Illinois. Its core city—St. Louis, Missouri—sits in the geographic center of the metro area, on the west bank of the Mississippi River. The river bisects the metro area geographically between Illinois and Missouri, although the latter portion is much more populous. The MSA includes St. Louis County, which is independent of the City of St. Louis; their two populations are generally tabulated separately.
The economy of Illinois is the fifth largest by GDP in the United States and one of the most diversified economies in the world. Fueled by the economy of Chicago, the Chicago metropolitan area is home to many of the United States' largest companies, including Abbott Laboratories, AbbVie Inc., Allstate, Baxter International, Conagra, Crate and Barrel, Kraft Heinz, McDonald's, CNH Industrial, GE Healthcare, Aon PLC, Willis Towers Watson, Mondelez International, Motorola, United Airlines, US Foods, Walgreens, and more. The Chicago area is a global financial center and headquarters a wide variety of financial institutions including Citadel LLC, CNA Financial, Discover Financial Services, Morningstar, Inc., Nuveen, and more. Chicago is also home to the largest futures exchange in the world, the Chicago Mercantile Exchange.
BMO Bank, N.A. is an American national bank that is headquartered in Chicago, Illinois. It is the U.S. subsidiary of the Toronto-based multinational investment bank and financial services company Bank of Montreal, which owns it through the holding company BMO Financial Corporation. In September 2023, it was the 8th largest bank in the United States by total assets.
William Henry Barnum was an American politician, serving as a state representative, congressman, U.S. senator, and finally as chairman of the Democratic National Committee. He was also known as "Seven Mule Barnum".
The economy of the Kansas City metropolitan area is anchored by Kansas City, Missouri, which is the largest city in the state and the 37th largest in the United States. The Kansas City metropolitan area is the 27th largest in the United States, based on the United States Census Bureau's 2004 population estimates. The metro's economy is large and influential to its region.
Marshall & Ilsley Corporation was a U.S. bank and diversified financial services corporation headquartered in Milwaukee, Wisconsin, that was purchased by Bank of Montreal in 2010.
CME Group Inc. is a financial services company. Headquartered in Chicago, the company operates financial derivatives exchanges including the Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, and The Commodity Exchange. The company also owns 27% of S&P Dow Jones Indices. It is the world's largest operator of financial derivatives exchanges. Its exchanges are platforms for trading in agricultural products, currencies, energy, interest rates, metals, futures contracts, options, stock indexes, and cryptocurrencies futures.
The Chicago Board of Trade Building is a 44-story, 604-foot (184 m) Art Deco skyscraper located in the Chicago Loop, standing at the foot of the LaSalle Street canyon. Built in 1930 for the Chicago Board of Trade (CBOT), it has served as the primary trading venue of the CBOT and later the CME Group, formed in 2007 by the merger of the CBOT and the Chicago Mercantile Exchange. In 2012, the CME Group sold the CBOT Building to a consortium of real estate investors, including GlenStar Properties LLC and USAA Real Estate Company.
Located on the Mississippi River, the metropolitan area of Memphis is one of the largest in the Southeastern United States, ranking 42nd in the United States according to the 2010 census. The city has historically been one of the largest shipping hubs in the Mid-South, dating back to the Civil War, when the port was one of the largest on the Mississippi River and served as a shipping hub for the Confederacy.
John Whitfield Bunn was an American corporate leader, financier, industrialist, and personal friend of Abraham Lincoln, whose work and leadership involved a broad range of institutions ranging from Midwestern railroads, international finance, and Republican Party politics, to corporate consultation, globally significant manufacturing, and the various American stock exchanges. He was of great historical importance in the commercial, civic, political, and industrial development and growth of the state of Illinois and the American Midwest, during both the nineteenth century and the twentieth century. John Whitfield Bunn was born June 21, 1831, in Hunterdon County, New Jersey. Although every one of the business institutions co-founded or built by the Bunn Brothers has ceased to exist, and fallen purely into the realm of history, each of these businesses left an important legacy of honorable industrial, commercial, and civic vision for Illinois, the Midwest, and the United States.
BMO Capital Markets is the investment banking subsidiary of Canadian Bank of Montreal. The company offers corporate, institutional and government clients access to a range of financial services. These include equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading.
Philadelphia is the center of economic activity in both Pennsylvania and the four-state Delaware Valley metropolitan region of the United States. Philadelphia's close geographical and transportation connections to other large metropolitan economies along the Eastern Seaboard of the United States have been cited as offering a significant competitive advantage for business creation and entrepreneurship. Five Fortune 500 companies are headquartered in the city. As of 2021, the Philadelphia metropolitan area was estimated to produce a gross metropolitan product (GMP) of US$479 billion, an increase from the $445 billion calculated by the Bureau of Economic Analysis for 2017, representing the ninth largest U.S. metropolitan economy. Philadelphia was rated by the GaWC as a 'Beta' city in its 2016 ranking of world cities.
The economy of Indianapolis is centered on the City of Indianapolis and Marion County within the context of the larger Indianapolis metropolitan area. The Indianapolis–Carmel–Anderson, IN MSA, had a gross domestic product (GDP) of $134 billion in 2015. The top five industries were: finance, insurance, real estate, rental, and leasing ($30.7B), manufacturing ($30.1B), professional and business services ($14.3B), educational services, health care, and social assistance ($10.8B), and wholesale trade ($8.1B). Government, if it had been a private industry, would have ranked fifth, generating $10.2 billion.
