The midwestern United States is home to some major investment banks and financial institutions. Key cities like Chicago and Minneapolis host headquarters and major hubs for firms like BMO Harris Bank, Associated Bank, and U.S. Bank. These banks provide a range of investment banking services like underwriting, mergers and acquisitions advisory, sales and trading, and more. Their clients include major corporations, private equity firms, hedge funds, and more.
In summary, while the midwest may not be as renowned as Wall Street for investment banking, it still hosts major players in cities like Chicago that provide full-service investment banking for a diverse set of clients.