Clawback on Signing Bonus
Have heard the horror stories about Jefferies... but curious if anyone has experienced a bank NOT taking back a signing bonus if an analyst or associate leaves earlier than the bonus was anticipated for. Would appreciate some data points here.
Happens all the time, particularly if you leave for a firm your bank considers a client.
I received a signing bonus at SMBC since I joined mid year and I left before it vested. Never heard from them.
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