The Economist commented in the Feb 10th 2011 edition on Charlotte and the Democratic convention: “The Democrats’ choice of Charlotte, North Carolina, for the site of their 2012 convention has raised more than a few eyebrows.” …

“In the world of banking and financial services, however, it is already in the premier league. Charlotte’s two biggest banks—Bank of America, the country’s largest, and Wells Fargo, which, though headquartered in San Francisco, has maintained a strong presence in the city since taking over Charlotte-based Wachovia at the end of 2008—employ around 35,000 people. In banking Charlotte is second only to New York among American cities.”

Read the full article here:
http://www.economist.com/node/18114813?story_id=18114813&fsrc=rss