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Austin, Texas is famous for its vibrant music scene, tech startups, and thriving food culture. Recently, the city has become a hub for investment banks and financial services firms. Austin's strong economy, highly educated workforce, and business-friendly environment are attracting more financial institutions looking to tap into the city's dynamic market. Investment Banks on the Rise in Austin Major investment banks like Goldman Sachs, J.P. , and Morgan Stanley have recently established a presence in Austin. These firms are drawn to the city's strong economy, w