Signing a contract while being contractually employed

Hey fellas. I'm in a bit of a bind and need some advice.

I'm currently at a BB doing DCM, which really isn't what I wanted and I took the job just because it was all I had confirmed at the time. Been doing this fulltime for 3 months now, since September.

I've also been interviewing and now have an offer for M&A at another BB. This BB isn't aware that I am currently employed as I had applied well before starting at my current BB and the topic wasn't brought up in interviews.

If I were to accept the M&A role at the second BB, I would have to turn in my resignation next month as the start date is in January and the notice period is 2 weeks. I know it's bad leaving after only 4 months but M&A is what I really want to do.

Is it considered breaking the law to sign the contract for the M&A January role right now while I am currently under contracted employment? Would I have to let the other BB know that I am currently already employed?

Thanks in advance for all your advice.

3 Comments
 

How is the world did the M&A BB not know you already had a job?

You not telling them you are currently employed kind of blurs the line of ethics, Plus, its DCM, which is great compared to other roles

 

Enim blanditiis est debitis perspiciatis officia. Est velit hic maxime ut animi sequi molestias impedit. Et excepturi mollitia dolorem fugiat nostrum autem porro non. Qui natus doloribus fugiat aliquid distinctio.

Ut nam et id ut placeat id ipsum nesciunt. Quae tempora rem voluptatem delectus sit omnis. Sit ad vel et et odio quos sed. Odio voluptas pariatur non maiores qui non adipisci.

One of those lights, slightly brighter than the rest, will be my wingtip passing over.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”