Zohran Mamdani wins Wall Street’s cautious backing
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Here’s where big Wall Street firms are moving as NYC looks poised to elect a socialist mayor
As Wall Street faces the prospect of left-wing firebrand Zohran Mamdani becoming the city’s next mayor, a fast-growing business hub down south is beckoning.
Wall Street leaders and billionaires spent big to defeat democratic socialist Zohran Mamdani in New York City's mayoral race. Now they have to figure out how to work with him.
Major financial services firms such as Goldman Sachs, JPMorgan Chase, and Wells Fargo have expanded operations in Dallas, Texas, where the firms have thousands of workers.
RIO DE JANEIRO (Reuters) -London Mayor Sadiq Khan on Wednesday hailed Zohran Mamdani's victory in the New York City mayoral race as "a fantastic win" and congratulated New Yorkers for choosing "hope over fear.
His international roots and pluralist campaign have drawn global attention. An Israeli government minister condemned his win and urged Jews to move to Israel.