Recruiting for Buy-side 1-2yrs out, first year analyst BB

Can anyone say more about what happens after you get recruited for a buy-side job your first year at a bb? I've heard you could stay on at the bank and your job might not start for another 1.5/2 years... what happens during that time. "lame duck..." are there follow up interviews or anything? Also, does your job usually offer a signing bonus upfront or a noncompete or something so you don't/can't change your mind during that 1.5 years before you start?

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