University hoping to get a job as an investment banker in London could be if they wear brown shoes to their job . A new report highlights how the investment banking in the UK follows centuries-old, unwritten about how bankers should conduct . The study was undertaken by the British government's Social Mobility Commission. Researchers looked at the industry selected people in job interviews. They found that the industry was governed by " opaque" codes of . They wrote: "For men, the wearing of brown shoes with a business suit is generally considered …within investment banking."
The survey suggested that people from working class had to change their to fit in with bankers who were from middle and upper . One newly-appointed banker said: "I felt like my was a bit out of place, so I changed it." The study also said the industry discriminated against who did not go to elite universities. The Commission's chairman said: "Bright, working-class kids are being locked out of top jobs in investment banking they did not attend a small handful of elite universities." He added: "It is …that some investment bank managers judge candidates on whether they wear brown shoes with a suit, rather than on their skills and ."