Wall Street Oasis - Investment Banking & Finance Community: Forbes: Finance Jobs Moving From Wall Street?

Wall Street Oasis - Investment Banking & Finance Community The Wall Street Finance Community where investment bankers, consultants, traders, private equity and hedge fund professionals come to learn and play.

Forbes: Finance Jobs Moving From Wall Street? May 31st 2013, 21:14 I came across this Forbes column this morning that obviously caught my attention: The Cities That Are Stealing Finance Jobs From Wall Street. The author claims that NY fell into 52nd place on their chart of the fastest growing cities for finance-related jobs, and SF falling to 37th (even though it was rated #1 on their 2013 List of The Best Cities For Jobs). I found this to be really interesting, considering that on this site it is (almost) everyone's dream to make it to "the street" in NYC. Is this changing? Their fastest growing cities for finance-related jobs are respectively as follows: Richmond, VA; Pittsburgh, PA; Fort-Arlingworth, TX; San Antonio, TX; & Jacksonville, FL. Reasons listed for this shift is lower fixed costs, and lower salary demand. What are your guys' thoughts on the topic? Are finance jobs diluting throughout the US, or will Wall Street always have the largest hand in the pot? read more Media files: preview (image/jpeg, 0 MB)

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