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The cities stealing jobs from Wall Street

from Forbes

When we think about American finance, the default image is of a pinstriped banker on Wall Street. But increasingly financial services is shifting away from the traditional bastions of money. In an analysis of recent and longer-term employment trends, we have identified the large cities — those with over 450,000 jobs — that are gaining jobs in financial services, a sector that employs 7.9 million people nationwide. Overwhelmingly, the fastest growth has been in cities not associated with high finance, but largely low-cost Sun Belt cities, which account for seven of the top 10 large metro areas on our list. more

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