JPMorgan Chase & Co now employs more workers in Texas than in New York state — something one top city business advocate called a “scary” development.

And it’s not just the investment giant, there are more jobs in the banking sector in the Lone Star State than in New York, once the unrivaled financial services capital of the country and world, said Kathryn Wylde, president and CEO of the Partnership for New York City.

“Right now, the big challenge is are we going to remain competitive for jobs?” Wylde said Sunday on WABC 770 AM the “Cats Roundtable” program. 3

“The financial services industry, they’re our biggest taxpayers and major employers — and that industry is shrinking in New York,” she told host John Catsimatidis.

“That’s scary.”

JPMorgan Chase’s employee total in Texas

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