Branded as Banktown, Charlotte is slipping in some financial-sector categories. Standard and Poor’s recently reported San Francisco had edged the Queen City out to reclaim its title as the nation’s second-largest financial center, based on total assets of banks headquartered. The $2.279 trillion to $2.266 trillion advantage was aided in no small part by San Francisco-based Wells Fargo’s acquisition of Wachovia. In 2007, Charlotte was headquarters for eight banks. Now, pending transactions affecting Park Sterling and Capital Bank are likely to leave only Bank of America, NewDominion Bank, and Carolina Premier Bank. The absorption of smaller banks continues a national trend attributed to resources needed to keep pace with regulations’ evolving complexity, combined with low interest rates. Charlotte, however, remains a hub of financial talent, employing 64,288 in the financial sector compared to 59,236 pre-recession. The number of banks chartered in North Carolina is almost half what it was in 2009.