Texas Declared the Financial Capital of America Amidst Growing Influence

Governor Greg Abbott declared Texas as the 'Financial Capital of America,' citing its large financial services workforce and business-friendly environment. Major banks like JPMorgan have expanded their presence in Texas, employing more people there than in New York.

By Laura Boast Wed, June 3, 2026 at 3:45 PM GMT+3 5 min read · Yahoo Finance ·

Texas Declared the Financial Capital of America Amidst Growing Influence

Tickers: $BAC $GS $JPM $SCHW

Topics: business migration financial capital Texas Wall Street competition

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