Skip to content
Business
City of London

Goldman VP’s £350,000 Bonuses Led Way for London Dealmakers in 2021

  • Associate bonuses at 9 banks rose by fifth on average: survey
  • U.K. base salaries also rose 26%, recruiter Dartmouth says
Workers enter the Goldman Sachs european headquarters in London.
Workers enter the Goldman Sachs european headquarters in London.Photographer: Chris J. Ratcliffe/Bloomberg

A hectic year for dealmakers across London resulted in soaring bonuses in 2021, with Goldman Sachs Group Inc. bankers leading the pack.

Goldman associates in the U.K. capital surveyed by recruitment consultancy firm Dartmouth Partners scored an average bonus of more than 180,000 pounds ($235,070) last year, a 70% jump on 2020 payouts. Vice presidents at the firm saw their bonuses more than double to an average 350,000 pounds, the report said.