Reneging mid BB for another mid BB??

Is it worth it to renege on one of the not-so-good groups at say CS to go for a better group at Barclays?? In the same region, and this is for a full-time position.

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Just do it. No one gives a shit seriously. No offense, as an analyst you are easily replaceable. Sure, whoever from the group who went out of his/her way to push for you might be pissed for a short while but it ain’t gonna be detrimental to your career. Most banker are pretty self-centered themselves and would never hesitate to jump ship themselves if it is beneficial to them in any way whatsoever so we get it when ppl renege. Ppl on WSO tend to overthink their importance to the bank. 

 

I'm just scared it would somehow get back to them and since the difference b/t the banks is pretty small wondering if it's even worth it

 

Only 6 months?? I was told a year at least. Won’t firms think Im a flight risk? I already switched banks from SA to FT too

 

Honestly, it's up to you. Realize that you will be burning some bridges in choosing to renege though. You'll probably be blacklisted from the BB you are leaving and you might be remembered by some of the staff for your first years.

However, note that in reality, you are easily replaceable. People are hired and fired from banks all the time. They don't really care. You're just another one of the many who got away. They'll never think of you again if you leave. The only place you'll be noted, is their black list. 

For most, this is a worthy trade off. Just be aware of the possible consiquences

 

How not so good is the group at CS? If it’s a group that you have absolutely no interest in (a securitization type group or something along those lines), then I’d say go for it. If its a middle of the pack coverage group at CS, then I’d say the risk may not be worth it, since as others mentioned barclays has generalist full-time offers and placement can be tough.

Know people who have reneged on MM for BBs and it worked out for them, but there is always a risk

 

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