Y'all Street is booming: What financial giants like Morgan Stanley and Goldman Sachs are building in Texas

Financial giants are expanding their operations in Texas, with corporations being attracted by promises of low taxes and light regulations. Morgan Stanley plans to build a permanent Dallas hub, investing over $587 million for approximately 3,800 employees by 2031. Similarly, Goldman Sachs is spending $500 million on a new campus in Dallas expected to house more than 5,000 employees.