The Financial District is a neighborhood in San Francisco, California, United States, that serves as its main central business district and had 372,829 jobs according to U.S. census tracts as of 2012-2016. It is home to the city's largest concentration of corporate headquarters, law firms, insurance companies, real estate firms, savings and loan banks, and other financial institutions. Multiple Fortune 500 companies headquartered in San Francisco have their offices in the Financial District, including Wells Fargo, Salesforce, PG&E, Uber, Gap, and Williams-Sonoma.Since the 1980s, restrictions on high-rise construction have shifted new development to the adjacent South of Market area surrounding the Transbay Transit Center. This area is sometimes called the South Financial District by real estate developers, or simply included as part of the Financial District itself. However, the COVID-19 pandemic in the United States has accelerated the continuing exodus of business from the downtown core of San Francisco. Significantly high levels of crime and homelessness have become more prominent features of neighboring neighborhoods.The area is marked by the cluster of high-rise towers in the triangular area east of Kearny Street, south of Washington Street, west of the Embarcadero that rings the waterfront, and north of Market Street. The district includes San Francisco's two tallest buildings, the Salesforce Tower and the Transamerica Pyramid. Montgomery Street (sometimes called "Wall Street of the West") is the traditional heart of the district. In 2023, the Hoover Institution in California, in addition to various media organizations, warned of a uniquely severe long-term doom loop impending for San Francisco.