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Goldman Sachs bans top employees from donating to Trump: Report

Investment bank Goldman Sachs has banned its high-ranking employees from contributing money to certain campaigns including that of U.S. Republican presidential candidate Donald Trump, according to a report in Politico.

The online politics magazine said Tuesday that Goldman Sachs had expanded its political restrictions to partners of the firm. It cited an email that was set out last week by the bank telling its employees about its rules on political activities.

Politico said the email from Goldman Sachs stated: "Effective Thursday, September 1, all partners across the firm are considered 'restricted persons' as defined by the firm's Policy on Personal Political Activities in the U.S. As outlined below, restricted persons are prohibited from engaging in political activities and/or making campaign contributions to candidates running for state and local offices, as well as sitting state and local officials running for federal office."

Goldman then said the policy change was "meant to prevent inadvertently...