In investment banks, the title of Vice President (VP) is not considered a high-rank official compared to other industries because the organizational structure in investment banks typically has many hierarchical levels. The title of Vice President is often a mid-level position that comes after Analysts and Associates but before more senior roles like Directors and Managing Directors.
In some other industries, the title of Vice President may hold a higher level of authority and responsibility. However, in investment banks, the hierarchy extends beyond Vice President to more senior roles, where individuals have greater decision-making power and oversight of key business operations. It's essential to understand that job titles and their significance can vary across industries and organizations.