Credit Suisse Asset Management Income Fund, Inc. shares rise 1.06% after-hours as Swiss government appeals bonus payment decision.

Credit Suisse Asset Management Income Fund, Inc. rose 1.06% in after-hours trading. The Swiss government announced it will appeal a court decision that found the reduction or cancellation of variable bonus payments for former members of failed banking giant Credit Suisse management was unlawful. This news may have positively impacted the stock as it indicates the government's efforts to stabilize the financial situation of Credit Suisse, which was taken over by UBS in March 2023.