'Fearless Girl' statue will be moved to Stock Exchange, mayor's office says

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"Fearless Girl" became an overnight sensation a year ago, when State Street's investment arm installed the 50-inch bronze statue to defiantly face off the "Charging Bull" of Wall Street.

Tourists take photos of "The Fearless Girl" statue as it stands across from the Wall Street's famous Charging Bull to draw attention to the gender equality and lack of female managers, March 9, 2017, in NY.

New York City Mayor Bill de Blasio said the move was motivated in part by safety concerns. The company argues the statue has already had a measurable impact: Since the installation of "Fearless Girl" in March 2017, State Street says more than 150 companies have hired women to their boards. The popular statue will be moved from the spot where it was installed a year ago, opposite from the "Charging Bull" sculpture in Lower Manhattan. "Our hope is that by moving her closer to the NYSE she will encourage more companies to take action and, more broadly, that she will continue to inspire people from all walks of life on the issue of gender diversity".

A spokesman for Mayor de Blasio said the girl and the bull may be reunited soon.

The artist behind "Charging Bull" complained that "Fearless Girl" encroached on his work.

Many were disappointed to find that State Street Global Advisors was behind a statue they believed had been spontaneously installed as a feminist statement free from corporate ties.

Kristen Visbal, the sculptor, told CNN that she is "thrilled" that the statue will remain in New York City. Di Modica wanted the girl gone, saying she altered the dynamic of his bull and was no more than what he called "an advertising trick".

His lawyer, Norman Siegel, told the New York Times that "Fearless Girl" fundamentally changed the meaning of "Charging Bull". Police removed the statue, which didn't have a permit.

Not everyone has been happy with the placement and fame of "Fearless Girl". He could not immediately be reached to comment on the possibility that "Charging Bull" may move.

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