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Based on the most helpful WSO content, Vice President compensation in London varies depending on the type of bank. Here's a breakdown:

  1. Bulge Bracket Banks:

    • Total compensation for VPs typically averages around $390,000.
    • Bonuses are often 100% of the base salary, though this can vary depending on performance and the bank's policies.
  2. Boutique Banks:

    • VP compensation at boutiques can be slightly lower or comparable to bulge brackets, depending on the firm.
    • Bonuses at boutiques also tend to hover around 100% of the base salary, but this is more dependent on deal flow and individual performance.

If you're targeting a specific bank or need more granular details, feel free to ask!

Sources: Toronto - Boutique Investment Banking Compensation, Where is the compensation in banking? Is it worth taking a pay cut for the long-term prospects?, 2017 Investment Banking Report: 8 Key Trends to Know, https://www.wallstreetoasis.com/forum/investment-banking/2017-investment-banking-report-8-key-trends-to-know?customgpt=1, David and Goliath: The Boutique and The Bulge Bracket

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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