The bank's Salt Lake office is on a hiring spree.

Goldman Sachs now employs 1,300 people in Salt Lake City -- putting Utah's capital city on a path to become Goldman's fourth-largest global operation, behind only New York, New Jersey and London. At a time when the Wall Street firm has cut thousands of jobs elsewhere, Goldman plans to grow in Salt Lake City. Already, Salt Lake City accounts for just under 4 percent of the global investment bank's total headcount, double the staff it had in Salt Lake City only two years ago, and that figure continues to climb. During a Feb. 28 visit to Goldman's office on Main Street, just a few blocks from the headquarters of the Mormon Church, Chief Executive Lloyd Blankfein told employees of plans to hire an additional 300 workers by year's end.

Goldman's Promised Land [Reuters]