Truthseeker420
Gold Member
UBS and Credit Suisse are, as in the past, playing an important role in the financing of United States presidential campaigns, research has revealed.
At present they are, through their employees, donating more to the Republican candidate Mitt Romney, although they are not entirely neglecting the Democrat incumbent, Barack Obama.
On Tuesday Romney achieved a solid victory in the New Hampshire primary, bringing him a step closer to gaining his party's nomination.
The two big Swiss banks are among the 20 largest donors to the campaign of Romney, founder of a venture capital firm and former governor of the state of Massachusetts, says the non-profit Center for Responsive Politics which has combed through the financial documents provided each month by the candidates to the Federal Election Commission.
.....Obama doing well
Although he announced his intention to run for a second term early, Obama has not had to contest any primaries this year because he has no rival within his Democrat party.
I wouldnt be at all surprised if the banks give to Obama once there is a Republican nominee or presumptive nominee, said Novak.
Obama has been doing very well so far and has already raised more than $80 million. This is more than twice the amount collected by Romney.
Novak added that the banking and financial sector was traditionally one of the most active in presidential campaigns in the US.
Banks have always had a significant interest in supporting candidates to the White House, she said. The reason is to be heard, to make sure that their message gets through and their executives can get access to the President and the rest of the Administration.
Swiss banks among top Romney backers - swissinfo