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If you're employed for Goldman Sachs, do not necessarily count on to put on a swimsuit. Goldman as of late is more a chinos sort of place than a world of Ferragamo loafers and shirts with your initials embroidered on the cuff. Solely 21% of Goldman's summer interns see themselves working in fits and if you're employed for Goldman's tech workforce you'll be free to be "totally casual" always.

It's not like this at BNP Paribas, or no less than it does not seem to be.
At BNP Paribas, you will seemingly still find plenty of bankers carrying fits, ties and silken socks even when they are not at shopper conferences. Research by Emolument suggests nearly 40% of BNP bankers are nonetheless wedded to formal costume always, compared to just 20% at J.P. Morgan. 20% of BNP bankers advised Emolument they have been also given steering on the color of their garments.

Paribas declined to comment on Emolument's findings. We perceive, however, that the financial institution stipulates that its staff should be dressed in a "sensible skilled" manner, which is one notch up the "sensible informal" favoured by rivals.

BNP insiders say it isn't simply that the financial institution encourages sartorial superiority - it is also the truth that they usually work in the centre of Paris and subsequently are beneath strain to look chic. "Our Paris workplace is located in the center of Paris, whereas a lot more folks at SocGen and Credit Agricole's corporate and funding bank are out in the suburbs," says one. "You have to look good right here since you come throughout a number of vogue individuals at lunchtime and it can be awkward if you do not."

In London, insiders counsel BNP employees are more sharply dressed than the remainder because a comparatively high share are from France or Italy, the place sartorial rectitude is extra highly prized than in London or New York. One French trader tells us he always has a minimum of 15 white shirts together with his initials embroidered on the cuff, for instance.



The smartest dressers at the French bank in London are reportedly in fixed earnings, with Arne Groes, the (Danish) global co-head of G10 charges and prime providers and financing and Giulio Baratta, the (Italian) head of IG finance in EMEA, praised for their look. In Paris, Solveig Bachellery, BNP's (French) head of innovation in the corporate and investment bank, is reportedly the one to watch for recommendations on what to put on at work.