"Minneapolis Campaigners Urge Swiss National Bank to Divest From Palantir Technologies Inc. Holdings" 24 April 2026

The campaign, led by a coalition of local activists and civil liberties organizations, alleges that Palantir's software platforms have been used in ways that raise ethical questions around privacy, immigration enforcement, and public sector surveillance. Organizers say the SNB, as a public institution, should align its investment strategy with human rights considerations.

"Public funds should not be tied to companies whose technologies may contribute to controversial surveillance practices," a spokesperson for the Minneapolis-based coalition said. "We are urging the Swiss National Bank to reassess its position and take action consistent with international human rights standards."

According to publicly available disclosures, the Swiss National Bank maintains a diversified global equity portfolio that includes shares in major technology firms. Campaigners argue that continued investment in Palantir exposes the institution to reputational risk, particularly as scrutiny of artificial intelligence and data analytics firms intensifies worldwide...As of now, the Swiss National Bank has not publicly responded to the Minneapolis campaigners' request...

Previous responses from Palantir regarding similar allegations can be viewed here.