Credit Suisse Asset Management Income Fund, Inc. shares rise 1.04% intraday after Switzerland fines former executive.

Wednesday, Mar 19, 2025 1:35 pm ET1min read
Credit Suisse Asset Management Income Fund, Inc. rose 1.04% in intraday trading, with the company facing a fine for a former executive's failure to report a suspicious transaction. The fine, imposed by Switzerland's finance ministry, is related to the 'tuna bond' scandal in Mozambique, which involved a $1.5 billion-plus transaction.

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