Core Insights - The trend of financial institutions relocating or expanding in Texas, particularly in Dallas, is gaining momentum, with Goldman Sachs' new campus being a significant indicator of this shift [2][7]. Company Developments - Goldman Sachs is investing $500 million in a new 800,000-square-foot campus in Dallas, expected to house over 5,000 employees and open in 2028, featuring various amenities [7]. - Bank of America is set to open a new campus in Dallas by 2027, accommodating around 1,000 employees, with plans for modern amenities [9][10]. - JPMorgan Chase's Plano campus has expanded to 1.5 million square feet, housing over 12,500 employees, with a significant increase in workforce since its opening in 2017 [13][14]. - The New York Stock Exchange is relocating its Chicago location to Dallas, with the new NYSE Texas campus expected to open in 2025 [18][19]. - Charles Schwab has established its global headquarters in Westlake, Texas, with a campus that includes multiple facilities and employs nearly 10,000 people across the state [22][23]. - Nasdaq is in the process of scouting a location for a new regional headquarters in Dallas, continuing its presence in Texas [27][28]. - Citigroup has maintained a campus in Irving, Texas, since 2000, employing approximately 11,000 staff across various divisions [31][32]. - Wise, a fintech company, is expanding its office space in Austin, Texas, reflecting growth in the region [35][36]. Industry Trends - The migration of financial firms to Texas is driven by factors such as lower taxes, lighter regulations, and a more affordable cost of living, contributing to the emergence of Dallas as a new financial hub [2][8].