Russia's "movie star" - Vladimir Putin
2023-07-07Brother To, have a good trip.
2023-07-07Consideration/writing
1987The year-old movie Wall Street used to set the fashion trend for men in the financial industry at the time, with collar-clashing shirts, silk pocket squares, French reverse pleated sleeves, and backpacks. Sadly, that was 20 years ago. So what about Wall Street's contemporary fashionable way of dressing?
For rich bankers, though there are very few who are more nostalgic, and sometimes wear backpacks. Customized suits and luxury accessories are the order of the day, and it's no wonder that Wall Street 2: Money Never Sleeps needed to re-assign people to the major stock brokerage firms and telephone exchanges to research the current Wall Street dress code. Customized suits don't come cheap, though. In the U.S., the better ones cost $5-6,000, cufflinks, which are currently super popular, can easily cost hundreds of dollars, and even tie clips can cost hundreds. However, this is mainly for people who are at the director level and above. If you are a small analyst, dressing like a director is counterproductive. I have heard more than one story about a student who was so ostentatious that he wore a full-body customized suit and shirt with his signature embroidered on the cuffs, handmade customized shoes, a backpack, and a silk pocket square, and when the interview was over, everyone only remembered what he wore, not what the interview was about, and he wasn't selected because of that.
Of course, investment banks still pay more attention to the dress code, and while it's best if you don't dress more expensively than your boss, investing appropriately in your clothes is a must. Men's shirts should cost at least $30 or more, and the more popular ones are Brooks Brother non-iron shirts, which are about $80 a piece. Other popular brands are Joseph Bank and Thomas Pink, but some people feel that Pink's quality is average, so it's expensive for the brand. The colors are mostly white, blue or pink, either all over or with stripes, but the stripes are usually not too thick. Pink is usually worn more by younger people. Suit has cheap and expensive, usually gray or black. I used to be in the company often have to go to the Federal Reserve meeting, every time the executive director with a gang of sunglasses wearing black suits rushed to the Federal Reserve, we all joked that it is like a gangster to rob. Although the uniform color tone to see more will be visually fatigued, but if you see someone wearing a white suit to the interview one day, your first reaction may be "too inappropriate", often because of inappropriate dress and not be accepted, after all, the investment bank is still very conservative. Before, in the BBS to see someone asked if you can wear a Tang suit, the answer is "certainly not". Maybe in the country can, but if you want to wear a Tang suit in New York investment bank, I'm afraid to become a big joke. A lot of senior bankers want their people to dress not too fancy, in order to stabilize the good. As for shoes, analysts are predominantly brown and black, preferably leather, which can be purchased for about $30-70. For executive directors, many opt for handmade Italian leather shoes, which can be purchased for around $500-600.
The dress code is also divided into formal and casual. If you are often to see customers, then the tie suit is essential, some companies usually can not tie or wear a suit jacket (such as UBS and JP Morgan Chase), part of the company every day need to wear formal dress (such as has been closed down Lehman Brothers, etc.). Popular brands of casual wear include Lacoste, Burberry, Vineyard wine, and Ralph Lauren Polo. If you're going to a charity dinner, then you need to wear a tuxedo and bow tie. Whereas at a hedge fund, analysts can dress slightly more fancy because the culture at a hedge fund is more casual and self-exalting. Similarly, on the West Coast of the United States, dress will be much more casual than on the East Coast.
Overall, the dress code on Wall Street hasn't changed much in over 20 years, and whether you're an analyst or an executive director in this more traditional and conservative industry, you still need to follow a certain dress code in order to make it in the biz.
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