Credit Suisse stock rises after Q1 profit, liquidity shares

Yahoo Finance Live’s Julie Hyman breaks down the rise in stock for Credit Suisse following first-quarter earnings.

Video Transcript

- Let's take a look at a trending ticker now it's Credit Suisse. The Swiss bank earned a whopping $13.9 billion equivalent in the first three months of the year, while also experiencing significant net outflows for assets under management. This comes after last month's deal of rival UBS acquiring Credit Suisse, after its struggles that came amid broader turmoil among banks as US shares. They're still trading. Company still reported earnings, which I guess was a little bit surprising. But the shares are up by 2.1%