Traditionally buttoned-up Wall Street bank Goldman Sachs has relaxed the dress code for its computer engineers in a bid to attract tech talent with a more casual environment.
The fifth-largest U.S. bank by assets told employees in its technology division to "exercise judgment in determining when to adapt to business attire," according to an internal memo from late June seen by Reuters on Thursday.
The move comes as the bank makes a push to recruit and keep hold of top tech talent in the face of intensifying competition.
Goldman and other Wall Street banks compete for the best employees with Silicon Valley firms and hedge funds. So relax, this is a good time.
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