The Federal Reserve Bank is building a $700 million campus in Dallas as part of the financial industry migration to Texas.
3 reports, 2 independent
Updated Oct 29
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What happened
The Federal Reserve Bank is building a $700 million campus in Dallas as part of the financial industry migration to Texas.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Texas is being promoted as the 'Financial Capital of America,' with plans to attract corporate headquarters and a $700M investment in the region.Also in this story
- Major financial firms, including Goldman Sachs and Citadel Securities, joined the Texas Stock Exchange and promoted Texas as the Financial Capital of America.
- Finance professionals are concentrating in North Texas, with the Texas Stock Exchange challenging established market dominance.
The entities involved
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Dallas
city in the state of Texas, United States
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Federal Reserve Bank
regional bank of the U.S. Federal Reserve System
Related events
- Banks are expanding their presence into Dallas.
- Investment banks, including JPMorgan Chase and Goldman Sachs, are establishing major offices in Dallas, Texas.
- Trump plans to use federal funds via the Department of Energy to address truck and gasoline price issues in Dallas.
- Dallas College hosts a trading challenge and supports the Texas Stock Exchange, training local workers in North Texas.
- Bonds are being used to fund infrastructure and job creation in Texas.