In a situation where a lower-tier bank (think Nomura/HSBC/Mizuho) won't extend my offer deadline and I have upcoming superdays with BBs (think BofA/Citi). Given that I have less than a week to decide, is the best option to accept lower-tier and renege in the event I get an offer from another bank? Both locations are in NYC but the groups are all different.
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Yeah just renege.
how many other interviews do you have? If you have 2+ interviews, just turn down the offer....at least that is just my opinion. reneging sometimes gets back to your university.
Well it's for FT and the bank doesn't do OCR with my school anyway. I am in the process for 2 right now, potentially a 3rd
Accept then renege
Just renege man, nobody is gonna give a shit and the difference in quality of deals you'll be working on between the two banks is substantial
If the contract is at-will employment then I understand you are allowed to quit at any time, even before you show up I guess. It may depend on what exactly you are signing with those banks if anything. Have you mentioned to them you are still interviewing with other banks, namely banks with larger investment banking businesses it seems?
Mentioned that I'm interviewing but not what types of banks
Renege. It sucks and you'll feel shitty but you're a college kid and you're allowed to be selfish in this situation, people will get it. I would get it.
Renege. Candidates should stop giving a shit about banks since banks don't really give a shit about candidates.
Banks always have monkeys on their waitlists.
Secure the current offer, and shoot your shot at the BB. Then renege if you can bag that BB offer.
Just be careful about not giving the bank you renege on any clue about the place you're heading to, then you'll be fine.
I second all of this…I wouldn’t put it on LinkedIn tbh
would OP be able to put the bank after starting? what's a reasonable time frame before you can update linkedin? in a similar predicament
Just renege no one cares this page always exaggerates the consequences of doing it. I reneged on a European BB for an American and they did not care at all.
how soon after accepting did you renege
Mind if i PM you? In a really similar situation
Accept then reneg
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