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Why Texas is betting 'Y'all Street' can take on Wall Street
['Maria Aspan', 'Maria Aspan Is The Financial Correspondent For Npr. She Reports On The World Of Finance Broadly', 'How It Affects All Of Our Lives.']
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Inside, hundreds of workers are spending years — and some $700 million — building Goldman Sachs' big bet on the future of Wall Street.
Texas is drawing big companies and wealthy executivesThat "business climate" is a big part of Texas' growing appeal for financial companies — and for some of the star bankers they employ.
Is there space for both Wall Street and Y'all Street?
But the Texas Stock Exchange has an uphill battle to break into this part of Wall Street.
Still, even these well-established incumbents acknowledge that Wall Street as an industry now stretches far beyond its namesake location in New York City.