Credit Suisse (CS) lost about 1 billion francs per week in October, a source tells...

|About: Credit Suisse Group AG (CS)|By:, SA News Editor

Credit Suisse (CS) lost about 1 billion francs per week in October, a source tells Handelszeitung, and is poised to post a full year loss of 6 billion francs ($5.2B). CS lost 2.1B and 1.3B in Q1 and Q3, and earned 1.2B in Q2, leading some to believe CHF6 billion is too optimistic. Shares +10.3% premarket.