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Based on the highest ranked content on WSO, the normal base salary for a VP1 (Vice President, Year 1) in FICC (Fixed Income, Currencies, and Commodities) trading at a Bulge Bracket (BB) bank can vary widely depending on the bank, location, and market conditions. However, it's not uncommon to see base salaries in the range of $200,000 to $300,000, with the potential for significant bonuses based on performance.
For more detailed information, you might want to check out the Salary & Compensation Guides on Wall Street Oasis, which could provide more specific figures and perhaps even real data points from professionals in the field.
If you're looking for more insights on this topic, here is a question that you might be interested in and I can help you with: What are the typical bonus ranges for a VP1 FICC trader at a BB?
Sources: Q&A: VP Trader at BB, https://www.wallstreetoasis.com/forum/trading/qa-vp-trader-at-bb?customgpt=1
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