Graduating with a 2.2 - IBD Analyst Offer London Reneged?

Hi All,

So my situation is that I currently attend a Tier 1 Target school in the UK, and have an offer to join a BB full-time as an Analyst come this Summer (after having been a Summer Analyst the previous year) in London.

However, after a difficult set of exams this month, I strongly believe (with a very heavy heart), that I will be graduating with a 2.2. I'm not looking for reassurance in my grade, as I'm pretty certain that I have not been able to get the 2.1.

Moreover, I'm looking for advice regarding my contract with the BB.

It states in black and white in my contract that I need a 2.1. Having said that, will the BB now renege my contract once my results come out and I inform them of my grade? Or, will they be lenient and still take me on, given I was a previous Summer Analyst, and my degree is regarded as being relatively difficult. I do also have some extenuating circumstances I can reference to them if needed.

It'd be great if anyone has been in this position before / know people who have, and what the outcome was.

Also, if people know the impact HR will have in the decision vs. the team I was in last Summer. Does HR have strict policy and will just say no? Or will they call up my team, state my circumstances, and let them decide?

Likewise with above, if any current I-Bankers have had to deal with new joiners in this situation where HR has contacted them, that'd be very useful.

Also, please be truthful with me, really don't want to give myself false hopes, just to be utterly crushed by it when the time comes.

Many thanks to all that responds, really do appreciate it.