by Calculated Risk on 3/20/2008 08:22:00 AM

From the WSJ: Credit Suisse Expects Quarterly Loss; Revises Down Fourth-Quarter Profit

Credit Suisse Group Thursday poured cold water on hopes that the banking industry was on the mend as it warned that difficult market conditions in March will lead to a first-quarter net loss, erasing gains made in the first two months of the year.

The credit crisis continues.