Financial Services Industry Description
The Financial Services industry in Illinois is a significant contributor to the state's economy. It encompasses a wide range of businesses, including banks, credit unions, insurance companies, investment firms, and other financial institutions. The industry is highly regulated, with state and federal laws governing everything from consumer protection to investment practices. Illinois is home to several large financial institutions, including Northern Trust, BMO Harris Bank, and Discover Financial Services. These companies provide a range of financial products and services, including banking, lending, investment management, and insurance. In addition to these large institutions, Illinois also has a thriving community banking sector. Community banks play a vital role in providing financial services to small businesses and individuals in local communities. These banks often have a deep understanding of the local economy and can provide customized financial solutions to meet the needs...
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1,551
COMPANIES
129 Billion
TOTAL VALUE
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Related Industries
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Avg Salary in Financial Services
$117,054
AVG SALARY
Top Companies
| COMPANY NAME | INDUSTRY | LOCATION | REVENUE | EMPLOYEES |
|---|---|---|---|---|
|
United States, Illinois |
1 Billion and Over |
10001+ |
||
|
United States, Illinois |
1 Billion and Over |
10001+ |
||
|
United States, Illinois |
1 Billion and Over |
10001+ |
||
|
United States, Illinois |
1 Billion and Over |
10001+ |
||
|
United States, Illinois |
1 Billion and Over |
10001+ |
||
|
United States, Illinois |
1 Billion and Over |
10001+ |
||
|
United States, Illinois |
500 Million to 1 Billion |
10001+ |
||
|
United States, Illinois |
1 Billion and Over |
5001-10000 |
||
|
United States, Illinois |
500 Million to 1 Billion |
5001-10000 |
||
|
United States, Illinois |
500 Million to 1 Billion |
5001-10000 |
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Segmentation by Revenue
Industry + State Overview
The banking and finance industry in Illinois is a crucial sector that plays a significant role in the state's economy. It encompasses a wide range of financial institutions, including commercial banks, credit unions, investment banks, insurance companies, and other financial services providers. Illinois is home to several major banks and financial institutions, such as JPMorgan Chase, Bank of America, and Northern Trust, which have a significant presence in the state. These institutions offer a wide range of banking services, including personal and business banking, wealth management, lending, and investment services. The banking and finance industry in Illinois is highly regulated by both state and federal agencies, such as the Illinois Department of Financial and Professional Regulation and the Federal Reserve. These regulatory bodies ensure the stability and integrity of the financial system, protect consumers, and promote fair and transparent practices within the industry. I...
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FAQs
1
What are the top 3 Financial Services companies in Illinois?
The top Financial Services companies in Illinois are Discover Financial Services, Morningstar and Northern Trust. To view a full list of companies in this industry, please sign in to CIENCE GO Data.
2
How are these Financial Services companies ranked in Illinois?
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
3
How many Financial Services companies are headquartered in Illinois?
There are approximately 1551 of Financial Services companies in the US according to the latest CIENCE data.
4
What is the economic impact of the Financial Services in Illinois?
The median revenue for Financial Services companies in the US is 7500000.
5
Is the Illinois region known for its Financial Services sector?
Yes, the Financial Services industry in Illinois is known for Financial Services as there are 1551 companies in Illinois.
6
What is the average revenue of Financial Services companies in Illinois?
The average revenue for Financial Services companies in Illinois is 82949065.
7
How can I find job opportunities in the Financial Services in Illinois?
You can find job opportunities in the Financial Services in Illinois through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.
8
Where are other Financial Services companies located?
The overall Financial Services industry main page is found here.
FAQs
The top Financial Services companies in Illinois are Discover Financial Services, Morningstar and Northern Trust. To view a full list of companies in this industry, please sign in to CIENCE GO Data.
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
There are approximately 1551 of Financial Services companies in the US according to the latest CIENCE data.
The median revenue for Financial Services companies in the US is 7500000.
Yes, the Financial Services industry in Illinois is known for Financial Services as there are 1551 companies in Illinois.
The average revenue for Financial Services companies in Illinois is 82949065.
You can find job opportunities in the Financial Services in Illinois through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.
The overall Financial Services industry main page is found here.
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