Wall Street's new dress code raises question: What to wear?

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Wall Street's new dress code raises question: What to wear?
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Goldman Sachs pinned a poll to its Twitter account asking what its employees should wear to work now that the investment bank has relaxed its dress code.

The winning choice?"Hoodie & sneakers" at 38 percent. But"suit" came in a solid second place at 28 percent. Least popular was"midtown uniform," a look so ubiquitous that it has its own Instagram account .

The drift toward relaxed workplaces began 1990s when companies started introducing"casual Fridays," said Robert Burke, CEO of Robert Burke Associates, a retail and fashion consulting firm. It rapidly became entrenched with the rise of West Coast tech giants like Amazon and Facebook and their young moguls.

The dress code is symbolic of a deeper cultural transformation at financial firms, which are trying to project themselves as innovation hubs where individuality and autonomy is emphasized. Goldman, which says one-quarter of its employees work in engineering-related roles, has in-house incubator to allow employees to develop ideas. J.P. Morgan Chase has plans to open a financial technology campus in California's Bay Area.

Women have also long faced a more complicated calculation then men when it comes to workplace attire.

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