Signing 2 FT offers with different start dates

For instance, let's say a person has signed to lateral to another bank some time in the near future (let's just say January, 2020). Shortly after (at the present time), that person also signs with a PE firm for June, 2020 or January, 2021. So the whole point here is about signing 2 offers before even starting at the first. What might be some implications, if any?

6 Comments
 

what do you mean by "upfront investment"? The signing bonus? I believe that needs to be repaid on a prorated basis. Still, taking a fraction of that with no intention of staying is the moral dilemma here.

 

Firm #1 just spent $10s of thousands on the hiring and candidate search process. Thousands of $ more in onboarding and training (actual investments and time investments for resource allocation to make you more than completely useless)

You dump them rapidly after signing on and I guarantee you are on the hiring manager or founder's shit list - good luck getting terrible reference callbacks or worse: blacklisted if you piss the company off

 

Dolores et aperiam enim optio quas deserunt sit. Itaque harum sint et iusto molestias.

Culpa quia quos nam laboriosam repellendus rerum enim cupiditate. Illo ut ut praesentium laborum repudiandae aut aut. Voluptates occaecati quaerat nam omnis quo quas laborum.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”