Some bankers in syndicated lending are paying for the rough third quarter with smaller or flat yearend compensation packages.

Hit hardest are loan traders in fixed-income departments, whose bonuses are as much as 50% lower than a year earlier. Though losses in the secondary loan market were marginal for the year, other fixed-income products were badly hurt by volatile world markets last fall.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.