Reneging a HK IBD SA Offer
[][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][]
Trending Content - Investment Banking Forum
| +327 | Which Offer to Accept: UBS Analyst Role or Part Time Cashier at the Local Taco Bell | 41 | 4h |
| +250 | AI is insane | 32 | 5h |
| +231 | I Snuck Into UBS Office And Took A Shit On The Floor | 22 | 4h |
| +186 | Useless associates | 29 | 5h |
| +181 | Differences in Restructuring Teams? | 31 | 12h |
| +174 | How do you manage nerves in IB technical interviews? | 16 | 5h |
| +154 | TPH V.S. Mizuho [HOU] | 22 | 11h |
| +149 | GF is an IB Analyst at a top BB, hates it, what exit options does she have? | 26 | 7h |
| +141 | Roku-Fox Deal - UBS Misses Out on yet another deals after years chasing this deal | 24 | 4h |
| +140 | Shame on you Evercore - SA 28 | 37 | 5h |
Career Resources
Don't renege. Banking is a small world and word will get out quicker than you think. As long as you're at a BB in HK, you will have similar experiences. No need to take this risk.
Thanks for the suggestion. But does verbal offer count as reneging? I havent signed anything with the first bank at all
You take the risk of burning bridges for sure. I think it is ok to eventually sign with another bank, but if you unfortunately didn't get the return offer, I don't think any other HK bank would take you for full time. A friend of mine had a similar situation where he promised one bank that he would 100% sign if he gets the offer but eventually went to another bank. Sadly he didn't get the return offer at the bank he interned with and now he is struggling to find a job in banking because banking is a small world.
So in short, you can do it but you will be in a bad spot if you did not get that return offer.
Verbal offers aren’t binding, but it’s the “spirit” of what you promised. As others have pointed out, if you don’t get the offer to return and your intention is to be in HK for IB, you could potentially be in a tough spot for FT recruiting (people talk).
It’s SA not FT... and it’s one BB vs another BB, so it’s really not worth the risk.
Expedita doloribus voluptas sequi aut rerum dignissimos exercitationem est. Distinctio molestiae consequatur pariatur vel. Quidem minima ipsum et. Et tenetur voluptates fugit. Autem consequatur iure officia amet.
Omnis excepturi sint est porro inventore magni sint. Ducimus facere nam quia sed. Soluta placeat reprehenderit aut temporibus delectus. Sint vero minus illum vitae dolorum laborum odio. Dolorem velit omnis dolorem non. Sint aut saepe possimus libero. Et nisi qui ut eum consequatur.
Architecto consectetur voluptatem eum voluptates veniam. Ut sed dolore quia esse. Fugit quas id inventore iste eligendi quas. Est modi aut voluptate.
Distinctio perferendis illum nemo dolores aut non suscipit. Placeat dignissimos minus rerum nihil est sunt. Sed culpa dicta et id qui. Nihil consequatur minus at omnis saepe nihil. Voluptates cupiditate non deleniti ea.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...