Friday, December 14, 2012

Meet Them In St. Louis: Bankers Move



From WSJ: Smaller cities around the nation have emerged as unlikely hives of financial-services hiring, thanks to lower wages, municipal-tax incentives and the misfortunes of older hubs that are home to companies ravaged by the 2008-2009 financial crisis. The beneficiaries are spread across the U.S., according to an analysis of data by The Wall Street Journal. In St. Louis, the 19th-largest U.S. metropolitan area, securities-industry employment surged 85% between January 2007 and September 2012 to a recent 12,190, according to figures compiled by Moody’s Analytics. New York lost 9% of its jobs in the securities, commodities, asset-management and fiduciary-trust areas over the same period, leaving it with 195,000…..

More?  Check out http://online.wsj.com/article/SB10001424127887324296604578177710219203782.html?mod=WSJ_hps_LEFTTopStories (Sorry, Rupert feels needy - subscription necessary)

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