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Dressed-down bankers? Maybe on Wall Street, not so much in Twin Cities

Carrigan Miller
Dressed-down bankers? Maybe on Wall Street, not so much in Twin Cities

Goldman Sachs' announcement last week that it was loosening its buttoned-up dress code was seen by some as an industry tipping point — when Goldman goes casual, what banker would stick in suits? Minneapolis-based U.S. Bancorp (NYSE: USB), Minnesota's largest bank, said it hadn't changed its professional dress code recently and didn't plan to. Neither has investment bank Piper Jaffray Cos. (NYSE: PJC), which also has its headquarters in downtown Minneapolis.