Hi guys,
A bank has offered me to join them in a graduate program in their project finance team. I received an offer letter two days ago, and I have until Thursday to sign it. If not, the offer is cancelled. It's just a two-pager, where it says mostly the salary, 6-month probation (the graduate program lasts 2 years), and some more bullshit.
There is no legal retaliation, or at least, there isn't anything mentioned about rescinding in the document.
I'm interviewing with other banks, and I'm putting pressure on this offer, but I wanted to know if could there be any legal retaliations if I accept the offer letter, and then I just accepted another offer for a more interesting position?
This is the first time I'm having this, so sorry if it's a stupid question
Thanks in advance.
Plenty of people in IB have renegged on banks for another bank.
Look out for yourself #1.
That's not his question.
Thanks, guys. Do any of you know somebody that had the same problem? Any insides would be appreciated.
Thanks :)
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There's no legal retaliation, they ultimately can't drag you in and force you to work.
That said, reneging on an offer is not a good move and the original bank will be pissed off. Avoid doing this if at all possible.
Thank you very much. It's something I'm not very proud to ask, but the offer I got it's not really good, and I'm in the last rounds with other banks that offer better salaries, but more interestingly, better deals and sector coverage.
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