Suits and ties are now optional at Goldman Sachs
March 6, 2019

From Reuters:

NEW YORK (Reuters) – Goldman Sachs Group Inc said on Tuesday that it is relaxing the dress code for all its employees, a move once considered unimaginable for the Wall Street firm's leagues of monk-shoed partners and bankers in bespoke suits.

The new "firm wide flexible dress code" was announced in an internal memo, which said the shift was due to "the changing nature of workplaces generally in favor of a more casual environment."

The memo sent to the bank's some 36,000 employees was penned by Chief Executive Officer David Solomon, a former investment banker who took the role in October, along with Chief Financial Officer Stephen Scherr and Chief Operating Officer John Waldron...

Continue reading at Reuters...

You may also like

More than 20% of Americans aren't saving money

"More than 1 in 5 working Americans aren't saving any money for retirement, emergencies, or other financial goals."

Colleges may have to take a financial stake when students don't repay loans

"The White House is weighing a measure that would require colleges and universities to take a financial stake in their students' ability to repay government loans."

The number of millionaires in the U.S. hits an all-time high

"The number of wealthy households in the U.S. reached a new high last year, roughly equivalent to the entire population of Sweden or Portugal."