PETALING JAYA: Banks may see their fourth quarter earnings for 2014 trimmed as a result of mark-to-market losses from their investments in bonds caused by lower prices of this asset class, according to analysts.
Although bond prices have improved since January this year, analysts contacted by StarBiz said the fall in prices of these instruments over the last few months could throw a spanner in the works and impact the banking system’s earnings for the fourth quarter.
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