probably a bigger deal than tech leaving SV if they follow through
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I would say there is a negative chance of this happening
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proooobably
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Already been ongoing for investment banking for *years*. Everything that doesn't have to be in NYC has been shipped out already. /Whether or not these things have to be in NYC...
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They should just put all the trading infrastructure on the Starlink LAN.
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tbh they're using the pandemic as covering fire to continue the gradual downsizing they've been doing for several years
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Will prob mostly be back office I would guess. The front office can’t really leave permanently unless the clients leave too
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their nanosecond-arbitrage trading computers would still need to be in lower Manhattan
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