Goldman Sachs expands in southern US to capture growing region

Wall Street investment bank quintuples staff in Dallas, a second hub

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Aasem Khalil, head of Goldman Sachs' Dallas office, poses in June in front of a Dallas construction site where the investment bank is building a new office. (Photo by Yuta Saito)

YUTA SAITO

DALLAS, Texas -- Think of the world's financial capital, and New York comes to mind. Yet the famed American city now faces competition within its own country as unique incentives prompt leading financial groups to take operations to states in the South.

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