What to Wear at Goldman Sachs Now That There’s a Flexible Dress Code
There are no rules now, which means everything is wrong. Our fashion experts are here to help, with consulting from the Goldman reporting team.
Will bankers no longer look like this in the future?
Photographer: Jeremy Allen
Is this the nail in the business suit’s coffin? In a memo circulated internally to Goldman Sachs employees on Tuesday, the financial firm said that it was loosening its approach to office attire, moving to “a firmwide flexible dress code” and asking employees to “dress in a manner that is consistent with your clients’ expectations.” Two years after J.P. Morgan made a similar announcement, the time-honored banking uniform of suit and tie is beginning take a back seat to business casual.
Technically, according to Bloomberg columnist Matt Levine, the official dress code at Goldman has been business casual since at least the early 2000s. But the secret to these vague and shifting rules, writes Levine, is that there is only one: “Goldman’s dress code is that you should dress the way you’re supposed to dress at Goldman.”