Swiss National Bank Defends Investment Approach After Calls to ...

Swiss National Bank defends investment approach after calls to ...

Minneapolis campaigners press Swiss National Bank to dump Palantir investment

BERN, April 24 : The Swiss National Bank should sell its $1.1 billion stake in Palantir Technologies, campaigners from Minneapolis said at a meeting of the central bank on Friday, citing the firm's involvement in U.S. immigration enforcement operations.The SNB held 6.24 million Palantir shares at the end of 2

Calls for SNB to Divest from Controversial Tech Firm Palantir Intensify

Read more about Calls for SNB to Divest from Controversial Tech Firm Palantir Intensify on Devdiscourse.

SNB Defends Investment Strategy Amid Scrutiny

Swiss National Bank (SNB) Chairman Martin Schlegel has robustly defended the central bank’s investment approach following calls from campaigners in Minneapolis to divest from Palantir Technologies. The controversy centres on the SNB’s substantial US$1.1 billion investment in the American software company. Palantir Technologies is a data analytics software company known for developing sophisticated platforms used by government agencies and intell…

Palantir’s $1.1 Billion Test: Swiss Bank Defends Stake as AI Contractor Wins New U.S. Work

Swiss National Bank Chairman Martin Schlegel defended the bank’s $1.1 billion stake in Palantir after Minneapolis activists urged a sale over the company’s work with U.S. immigration authorities. The SNB held 6.24 million Palantir shares at the end of 2025. Palantir shares fell 7.24% Thursday after a previous gain. Shareholders will vote June 3 on proposals for more human rights oversight. The post Palantir’s $1.1 Billion Test: Swiss Bank Defend…