Got another offer...too late to turn down my previous offer?

If we're talking Citi vs. Blackstone, I'd walk away.

For a stupid little prick who thinks he knows all, I am amazed that you are actually asking this question with the expectation of getting legit advice. But...

Do what is best for you. Unless you got the job through OCR, you can do what you damn well please. One thing that you will learn is that you must look out for #1 above all else.

If you did get the offer in London via OCR, you may want to reconsider. It's fathomable that upon reneging, the bank could call your OCR, and they in turn could blacklist you from OCR next year. That wouldn't really matter if you got a FT from the restructuring group, but it could fuck you if you don't.

even if you got it through OCR, reneg and take the best offer. i really dont think this rumored OCR "blacklisting" ever actually happens.

I think I should talk to my career advisor...

cdnbankerIf we're talking Citi vs. Blackstone, I'd walk away.

No signing bonus? Sounds like BX to me...

Reneg and take the offer.

What's OCR?

P.S.: congrats on SA man, as much as an asshole you are sometimes, you definitely have necessary skills and impressive background. Congrats :)

well, my current offer is not through OCR. In fact, I think all of the BB SA London/Euro positions were recruited through on-line application processes.

The restructuring position is however through OCR. I verbally accepted the restructuring position...I just need some more assurance from my career advisor so i am seeing her today.

thanks for your advice. i think i will walk away from my ibd offer

reneg.... these firms would not hesitate to rescind on you if necessary. fuck them.

check to see if your campus recruiting office has any kind of penalties or enforcable consequences for renegs... i doubt they have anything legit

reneg if its BX for sure

Even though I'm pretty confident you already made up your mind and are just posting to boast, I'll bother to tell you what you already know. Take the BX/HLHZ offer

Restructuring and M&A are pretty different - you should choose what you are interested in. If you'd like learning more about debt, legal issues, and restructuring then go for the BX offer, but if you would rather be involved with corporate finance then go to IBD.

i already did accept. i sent an email to my previous bank...they never got back to me and i didn't get any call from my career advisor soo..oh well ;)

in terms of exit opps, what can i expect to have out of a restructuring group?

What is "a pink slip"

What is "a pink slip"

Pink slip = you're fired