Credit Suisse hits 5-year low as Q3 eyed

ZURICH (Reuters) - Credit Suisse (CSGN.VX: ) shares plunged to five-year lows on Friday, falling faster than Swiss peers and the European banking sector as investors fretted over the impact of the financial crisis on the bank's earnings. Chief Executive Brady Dougan said this week the environment remained challenging in the short term, but the lender would emerge as a winner in the long run. Swiss newspaper Neuer Zuercher Zeitung reported on Thursday that Credit Suisse, Switzerland's second-largest bank, could post a loss for the... [read full story]