Reneging BofA/Citi for GS/JP/MS
I was a IB SA at BofA/Citi and got a return offer and had to accept it because of the deadline. Ideally, I want to apply to GS/JP/MS for full-time. Is this a bad idea? Will I get caught?
Trending Content - Investment Banking Forum
| +374 | Which Offer to Accept: UBS Analyst Role or Part Time Cashier at the Local Taco Bell | 44 | 19m |
| +281 | Roku-Fox Deal - UBS Misses Out on yet another deals after years chasing this deal | 31 | 23s |
| +268 | AI is insane | 36 | 15s |
| +260 | I Snuck Into UBS Office And Took A Shit On The Floor | 26 | 3h |
| +201 | Useless associates | 34 | 8h |
| +181 | Differences in Restructuring Teams? | 32 | 8h |
| +173 | GF is an IB Analyst at a top BB, hates it, what exit options does she have? | 28 | 3h |
| +173 | Centerview HC group falling off? | 28 | 3m |
| +154 | TPH V.S. Mizuho [HOU] | 25 | 31m |
| +151 | Shame on you Evercore - SA 28 | 41 | 52m |
Career Resources
Absolutely do not reneg for full time roles once signed, especially at another BB lol.
why
Every bank knows every other bank. Chances are your new MD and old MD golf together or something. Word gets around.
Would highly advise against this if you’re talking about the same geography and industry coverage. If you’re changing geographies and/or industry coverage, it could be a little better.
Just wait at least 6 months to a year on the job then lateral. That way you maintain the relationships a bit. Your team won’t be happy that you left but they won’t feel betrayed as much as if you renege.
horrible idea, not worth the time, effort, and risk. the difference between being at a mid bb vs a top bb is negligible in every aspect
Absolutely do not do this. It will be easier to lateral down the road anyway if you really want to. You will destroy any goodwill you have have built over the summer and I guarantee people at your firm have friends at the others. Do not do this.
Would it be as bad to renege on an SA with CS/Barc/BofA for SA with AM firm?
Bruh some of the people on this site
Great idea. I suggest you dial-in to one of the weekly meetings at your old bank once you sign with new place and tell them all to s*ck it
Wtf.. why would you ever do this? There’s no such thing as top BB on the street (only on WSO). These are all renown banks, and will open doors to anywhere in finance
Absolutely not. Only renege if it's back office to front office, or maybe if its from a LMM to a BB. BB to BB is nonsense.
Velit omnis id inventore aperiam in. Consectetur itaque sit numquam ex id soluta et. Porro velit temporibus nulla et.
Quidem labore molestias libero eligendi. Minus similique saepe libero aliquam sit id. Minus culpa quia velit quisquam iusto.
Quo aperiam id fugit quisquam in dolore libero. Sit qui temporibus impedit quia velit velit. Reprehenderit omnis nemo harum incidunt et eligendi.
Odit quidem laboriosam officia magnam quae aperiam ad temporibus. Ipsam est cumque ut. Labore perferendis omnis est voluptatem. Quisquam et aut sit vero. Similique quia molestias optio hic rerum quisquam et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...