(Bloomberg) -- Maybe it’s the kombucha on tap. Or it might be the influence of a new boss who moonlights as an electronic music DJ.
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Goldman Sachs Group Inc., a bastion of buttoned-down Wall Street, told employees Tuesday it’s loosening its fashion standards. “We believe this is the right time to move to a firmwide flexible dress code,” wrote its three most senior leaders, who pushed for “good judgment in this regard.”
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Wall Street’s sartorial expectations had already been slipping. To lure top tech talent, the bank relaxed its dress code for engineers years ago.
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