America’s bankers are backing the Democrats in record numbers as they fret over the unpredictability of Republican presidential candidate Donald Trump.
Campaign donation receipts show almost 5,200 employees from the top six US banks made a total of $1.1m in personal donations to the campaigns of either Democratic nominee Hillary Clinton or her party rival Bernie Sanders. Just 26 employees of the six banks made donations to the Trump campaign; the tally was just over $7,000.
The billionaire has at least won over some hedge funds, enticing the likes of John Paulson to a $50,000 a head fundraiser in New York last month. But it is a different story with mainstream banks.
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