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Insider finance: Wall Street's new dress code

Business Insider logo Business Insider 5/11/2021 ddefrancesco@businessinsider.com (Dan DeFrancesco,Jordan Parker Erb)
a person standing in front of a crowd: Reuters © Reuters Reuters

Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:

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This summer, Wall Street is getting comfortable and colorful - and everyone wants something stretchy to wear when they go back to the office

a person in a blue dress: Khwanchai Phanthong / EyeEm © Khwanchai Phanthong / EyeEm Khwanchai Phanthong / EyeEm

Bankers are stocking up on office attire that is comfortable like their remote work clothes. Wall Streeters are also seeking out color and patterns to show off their personality at work.

Get the scoop on the latest fashion trends among the finance crowd.

Blackstone just told US investment professionals to report back to the office on June 7, and the private-equity giant has spent $20 million on safety precautions like paying for cabs to work

Jonathan D. Gray wearing a suit and tie sitting on a stage: Jonathan Gray, Blackstone President and Chief Operating Officer, at the CNBC Institutional Investor Delivering Alpha conference July 18th in NYC. Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images © Provided by Business Insider Jonathan Gray, Blackstone President and Chief Operating Officer, at the CNBC Institutional Investor Delivering Alpha conference July 18th in NYC. Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images

Blackstone is planning a full return to the office on June 7, President Jon Gray said on an internal Monday morning call.


Video: Investors shouldn't just 'sell in May': BNP Paribas (CNBC)

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Click here learn more about Blackstone's return to the office.

$2.3 billion Electron Capital's renewable energy bets paid off last year. The firm is banking on Biden's green energy and infrastructure plans to give it another boost.

a windmill on top of a grass covered field with Albany Wind Farm in the background: Bing Guan/Reuters © Bing Guan/Reuters Bing Guan/Reuters

Utilities investor Electron Capital credits its big 2020 and 2021 start to renewable energy stocks. Here's how it found so much success in the space.

Odd lots:

As Scrutiny of Cryptocurrency Grows, the Industry Turns to K Street (NYT)

UBS Dangles $40,000 Bonuses to Slow Junior Banker Defections (Bloomberg)

Bill and Melinda Gates timed their divorce announcement not to clash with Warren Buffett's annual shareholder meeting, NYT report says (Insider)

Symphony new CEO Brad Levy on how 100-hour weeks at Goldman set him apart (Financial News)

UBS Explores Offering Crypto Investments to Rich Clients (Bloomberg)

Goldman Laments 'Noise' of ESG Data Barrage Spurred by New Rules (Bloomberg)

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