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Stories of Interest
- Deutsche Bank Reports Q2 Profit Surge, But Revenue Shortfall
- Deutsche Bank Warns on Outlook as Cryan's Turnaround Slows
- Jeff Bezos Surpasses Bill Gates as World's Richest Person
- Piper Jaffray Posts 2Q Profit
- Raymond James Beats Q3 Earnings on Improved Revenues
- Libor Funeral Set for 2021 - Now to Find a Rreplacement
- Halliburton Paying $29.2 Million to Settle FCPA Violations
- SEC Charges Two Las Vegas-Based Individuals and Their Company in "Prime Bank" Fraud
- Cohn and Yellen are Contenders to Lead the Fed - Trump
- The Boss Wants You Back in the Office
- Bond Trader Barred by FINRA Wins Arbitration for Unpaid Wages - Bill Singer
- How Does this Square with Trump? Putin Puts North Korea Ties Before Missile Threat
- Venture Funds Reach Dot-Com Era Levels (subsc reqd)
- Libor and London Whale Cases Show Hurdles With Foreign Defendants
- Silence Equals Complicity in Workplace Sexism
- Strange Case of Martin Shkreli Is Wrapping Up
- Citi Private Bank Promotes David Bailin to Global Head of Investments
- Billionaire Dan Loeb Bets Big on BlackRock, World's Largest Asset Manager
- Steve Cohen Planning to Launch $20Bn Hedge Fund
- ‘A Bleak Picture’ for Women Trying to Rise at Law Firms
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NEWSLETTERS & ALERTS
Dress for Success: Goldman Relaxes Dress Code for Techies
In a move to make the firm more attractive to techies, Goldman Sachs’ new CIO Elisha Wiesel has relaxed the dress code for its computer engineers. While advising its tech division to “exercise judgment in determining when to adapt to business attire,” the firm’s directive did not specify whether hoodies or sneakers - the ad-hoc uniform of millennial tech workers - constitute acceptable dress.
According to Reuters, about a quarter of Goldman's 33,000 employees are engineers who have helped transform the firm since the 2007-2009 financial crisis by making trading more efficient and building new businesses such as its consumer lending platform called Marcus.
Most Goldman employees will still adhere to a professional business dress code unless told otherwise by their group managers.