Goldman Sachs is building an 800,000-square-foot, $500 million campus in Dallas, which will be the bank’s largest US operation outside New York and house over 5,000 employees when it opens in 2028.
JPMorgan Chase has expanded its Texas workforce to over 31,000, surpassing its New York employee count of 24,000; this reflects a major shift in operations toward Texas.
Charles Schwab moved its global headquarters from San Francisco to Westlake, Texas (Dallas-Fort Worth area), employing nearly 10,000 people across the state.
Fortress Investment Group is growing rapidly in Texas, though still officially registered in New York. New York Stock Exchange (NYSE) is expanding in Dallas, opening a new campus called NYSE Texas in 2025 and positioning itself as a regional leader.
Nasdaq announced the opening of a new regional headquarters in Dallas as well.
Sensing a pattern here