Key facts
- Lloyd Blankfein discussed Wall Street's unwritten style rules.
- Key rules include avoiding 'peacocking' and polyester.
- Junior bankers often learn these codes by making mistakes.
Former Goldman Sachs CEO Lloyd Blankfein has offered a glimpse into the unspoken sartorial guidelines prevalent on Wall Street. He highlighted that ostentatious displays, or 'peacocking,' are generally frowned upon. Additionally, the use of polyester in attire is discouraged. Blankfein suggested that these are codes that junior bankers typically learn through experience, often by first violating them. This implies a culture where subtlety and adherence to traditional, understated professional dress are valued.