VP Comp London

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