Reneging for lower tier BB
Wondering if this makes any sense. Accepted an offer from a MM group within a larger platform (think BAML EGRC, Lazard MM, Gugg MM, GS cross markets). Is it worth reneging for DB/UBS?
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For DB or UBS, probably not. Honestly tho, the repercussions of reneging are exaggerated on this forum.
Is this NY or different city?
MM offer is another major city (SF, Chi, LA)
UBS/DB is NY
I would say definitely not, although there’s a big discrepancy between GS cross markets and Gugg and Laz MM for example.
brand name is super important (more important if your offer is GS or BofA) and you always have a strong shot to lateral internally. People lateral all the time from ECM, DCM, S&T but you have a huge advantage over them because you’ll actually have an IB modeling skill set since you’re in a classic IB group.
would avoid UBS or DB over these
What is wrong with UBS and DB
Nothing I just wouldn’t take them over GS cross markets for example
No.
You're considering reneging on an offer from one of those places for UBS/DB? you know DB is hemorrhaging people right? Sounds like a humble brag post lol.
Turnover is high everywhere. Not a brag, serious question. Wondering what gives me better exit opps
You're curios if BAML, Lazard, or GS will have better exit opportunities than UBS or DB? What do you think.
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