The former vice-president has strong ties with Wall Street but the Democratic presidential field prizes small-donor support

Former vice-president Joe Biden has said he is in the “final stages” of making a decision on whether to run for the Democratic presidential nomination. The move could even come as soon as this weekend when Biden delivers a Saturday speech to the local Democratic party in Delaware, the state he served as a US senator from 1973 to 2009.

But some are already warning that Biden’s ties to the business community and Wall Street could serve to undermine his avuncular reputation as “middle-class Joe” within a party increasingly dominated by progressive politics on social and economic issues.

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