- Q1 result includes CHF 193 mln in litigation reserves and CHF 204 mln for restructuring
- targetting CHF 1bln spending cuts in 2014 vs 2013
- hits 2014 target for CET1 capital ratio with 13.2%
- Q1 new money under wealth management of CHF 12.8 bln
- confident it can win net new money despite challenging market conditions
A generally upbeat set of figures from the Swiss bank after some recent troubles