BlackRock, Inc.

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Global Markets & Equities 05 Oct 2026, 06:47 AM IST

Texas Emerges as a New U.S. Financial Center as Wall Street Backers Pour in Capital

Texas is rapidly strengthening its claim to be America’s next financial hub, with a new exchange venture drawing heavyweight backing from some of Wall Street’s most influential firms. The push reflects a broader shift in U.S. market structure, where lower costs, business-friendly regulation and a deepening corporate base are pulling capital and listings south.

By RDU Global Wire5 min read

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Entities frequently referenced alongside BlackRock, Inc.:

Washington, D.C.(1)TXSE Group Inc.(1)The Goldman Sachs Group, Inc.(1)Texas(1)JPMorgan Chase & Co.(1)Bank of America Corporation(1)