CSG: Credit Suisse spells it out

Credit Suisse has inflicted enough shocks on investors in the past to know that it pays to soften up your audience for bad news. And now the Swiss bank has gone much further than rivals in highlighting the slowdown in trading conditions during the second quarter. It is not hard to see why Credit Suisse is sounding anxious. Its shares have outperformed peers on the back of high hopes for the restructuring of its investment bank, CSFB. But first-quarter results show CSFB is still struggling. True...