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NPR

Why Texas is betting 'Y'all Street' can take on Wall Street

Tuesday, August 4, 2026


Dallas has expanded its financial services sector in recent years, with multiple financial firms establishing or relocating operations to the city. The growth reflects broader business expansion across Texas, which has attracted corporate headquarters from other states. Whether Dallas will displace New York as the primary U.S. financial center remains uncertain.

Original reporting: https://www.npr.org/2026/08/04/nx-s1-5697067/texas-banking-goldman-sachs-wall-street

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