Reneging on internship offer
Hi,
I accepted an offer at a low-tier BB in London about a month ago, as I hadn't heard back from any other BBs/boutiques at that time.
However, I've since progressed to final round for a high-tier BB (GS/JPM/MS/BAML). I couldn't turn the opportunity down so I decided to interview first and decide on what to do later.
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I didn't mention my accepted offer before/during interviewing with the high-tier BB. Should I tell them now before results are out? Will they be mad that I didn't inform them beforehand and wasted their time?
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Renege if I get the offer? Moving from the low-tier bank to this is an obvious choice. I'm just concerned about the repercussions. How frowned upon is reneging in London compared to in the US?