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New York's financial sector losing ground to rivals

On HALO

2 weeks ago

New York's status as the U.S. economy's leading financial hub could be slipping as a leading figure in the city's business community is sounding the alarm.Kathryn Wylde, president and CEO of the Partnership for New York City, which advocates for the city and the financial industry, said in an appearance on WABC 770 AM's the "Cats Roundtable" on Sunday that the shift is a "scary" development and raises questions about the Big Apple's economic competitiveness: "Right now, the big challenge is are we going to remain competitive for jobs?"Wylde told host John Catsimatidis that the "financial servi...

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2 weeks ago
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