NPR

Wall Street Was Once The Home Of The Big Banks. 9/11 Led To A Radical Reinvention

For centuries, Wall Street was where some of the biggest banks in the world were based. Today, it's home to Uber and Spotify, and new residents have poured in.
People walk near the sight of Ground Zero and the One World Trade Center on Aug. 30. The Wall Street neighborhood changed drastically after the 9/11 attacks as banks moved out of what had long been their home.

Wick Simmons, the former CEO of Nasdaq, started working on Wall Street in Lower Manhattan after graduating from business school in 1966. Today, he barely recognizes the neighborhood.

"Wall Street, as I knew it, is gone," Simmons says.

For centuries, Wall Street was the home of the the biggest banks in the world. The attacks on the World Trade Center on 9/11 completely changed that as many executives questioned the wisdom of having an entire industry consolidated in one place.

And soon

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