Sure, I was thinking about software engineer salaries, but finance definitely has positions that pay FAANG wages. Those companies aren't really competing with FAANG though since they're looking for different people.
I’m referring to software engineers in finance? They are definitely looking for the same people.
FAANG in London pay way less than finance
That would only seem to confirm my point. There are plenty of non-US firms competing with FAANG comp in London.