Reneging SA offer (2nd tier bank to BB) - London -
Just wanted to hear your thoughts on reneging a Summer Analyst program in London. I already signed a contract with a second-tier(think , BNPP, , etc.) but just got an offer to join a (think , , etc.). Should I renege my previous offer? I thought it was fine reneging but I checked online and it seems people were advising against it as it might result in me losing both offers (like the bank contacting the other bank to let them know I bailed on them).
Has anyone done it? What would you advise?
EDIT: Both are in London for an IBD SA program