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Bloomberg: New York, California see Trillions of Assets Flee to Wall Street South

Published on Aug 30, 2023

John Cummings, chief administrative officer of Texas Capital, lends his voice to the growing chorus of those relocating to Texas stating that “Texas is a really diverse economy now, not entirely predicated on oil and gas. There’s a significant amount of inflow of Fortune 500 companies and talent tends to follow opportunity.” Read full article here1. 


1Note: The story is behind a paywall as required by Bloomberg in this case.