UBS has decided to discontinue the political donations previously made by Credit Suisse, which amounted to one million francs annually, leaving parties like the SVP and PLR facing significant financial losses. In 2023, Credit Suisse contributed 450,000 francs before its takeover, while UBS has increased its own donations to 750,000 francs but does not plan to replace the lost contributions. This shift is particularly challenging for bourgeois parties that rely heavily on such donations, especially in an election year.
UBS has decided to discontinue the political donations previously made by Credit Suisse, which amounted to CHF 1 million annually. This change will significantly impact conservative parties, particularly the SVP, which will lose CHF 160,000, while the SP-affiliated Anny Klawa Morf Foundation faces a substantial funding shortfall due to the absence of CS contributions.
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