Securian Financial’s Post

Update on my post requesting Euroclear to provide statistical proof for their claims of being inclusive and supportive of their Black, Asian and Minority Ethnic (BAME) employees and to validate their claims that they are driven by ESG principles. So it will not surprise you that they have not provided any such proof. Perhaps it shows that being transparent would have revealed that the opposite was the case in their treatment of BAME employees around the world.  So I have been forced to do my own research that so far reveals the complete lack of transparency on losses the company has made due to managerial incompetence, fear or arrogance. The cost is paid by shareholders and new investors who may not be aware of such history or the company's main board of directors who might have not been informed of the poor decisions and the resulting losses that are sometimes magically transformed as revenue on the balance sheet. The final cost is paid by some of their talent being made redundant due to such failures. In my research it was very difficult to get any on-line published data from search engines. It is clear that the company has removed or expunged all negative or damaging information into the dark web. So I have to be doubly careful on highlighting the issues I know of and have discovered over many years. I will first put the results of my findings in a direct email to them for their review and responses before publishing it online for the over 600 LI subscribers who read the first post, including a surprising number of public relations experts employed by the company. I have to be careful on what I publish because of a potential SLAPP case against me. Strategic lawsuits against public participation (also known as SLAPP suits or intimidation lawsuits), , are intended to censor, intimidate, and silence critics by burdening them with the cost of a legal defence until they abandon their criticism or opposition. SLAPP is widely used in UK courts by corrupt Russian oligarchs, politicians and corporations to silence journalists or newspapers. In a typical SLAPP, the defendant (in my first litigation this was Euroclear) does not normally expect to win. Their goals are accomplished if the party bringing the litigation (i.e. me) succumbs to fear, intimidation, mounting legal costs, or simple exhaustion and abandons the public criticism. So don't be surprised if I get SLAPPED...again. More about this in subsequent posts after Euroclear's response to my direct mail to them.

Euroclear: still waiting to hear your answers to my post below. Noticed that the first person to check my post was your Thomas Churchill (He/Him). He didn't connect but I guess it was his department that put out the fantastic post about inclusivity and support of BHM. The second person to respond was Lieve Mostrey, the former CEO of Euroclear Group. Lieve Mostrey posted a ""LIKE" on my post. Don't know why. Was it because I was asking genuinely appropriate questions or was it a deflection? Please do explain why you liked my post Lieve Mostrey. Being a data driven company I am sure it should not take longer than a day to come up with the stats I requested. It's been two and half days. If you stay silent it would be a very typical response as lack of transparency is a key hall mark of Euroclear, which I will show in numerous examples in my next post. And thanks to some of your employees who have reached out to me saying they too have been trying to get answers but without success.

Update on my post requesting Euroclear to provide statistical proof for their claims of being inclusive and supportive of their Black, Asian and Minority Ethnic (BAME) employees and to validate their claims that they are driven by ESG principles. So it will not surprise you that they have not provided any such proof. Perhaps it shows that being transparent would have revealed that the opposite was the case in their treatment of BAME employees around the world.  So I have been forced to do my own research that so far reveals the complete lack of transparency on losses the company has made due to managerial incompetence, fear or arrogance. The cost is paid by shareholders and new investors who may not be aware of such history or the company's main board of directors who might have not been informed of the poor decisions and the resulting losses that are sometimes magically transformed as revenue on the balance sheet. The final cost is paid by some of their talent being made redundant due to such failures. In my research it was very difficult to get any on-line published data from search engines. It is clear that the company has removed or expunged all negative or damaging information into the dark web. So I have to be doubly careful on highlighting the issues I know of and have discovered over many years. I will first put the results of my findings in a direct email to them for their review and responses before publishing it online for the over 600 LI subscribers who read the first post, including a surprising number of public relations experts employed by the company. I have to be careful on what I publish because of a potential SLAPP case against me. Strategic lawsuits against public participation (also known as SLAPP suits or intimidation lawsuits), , are intended to censor, intimidate, and silence critics by burdening them with the cost of a legal defence until they abandon their criticism or opposition. SLAPP is widely used in UK courts by corrupt Russian oligarchs, politicians and corporations to silence journalists or newspapers. In a typical SLAPP, the defendant (in my first litigation this was Euroclear) does not normally expect to win. Their goals are accomplished if the party bringing the litigation (i.e. me) succumbs to fear, intimidation, mounting legal costs, or simple exhaustion and abandons the public criticism. So don't be surprised if I get SLAPPED...again. More about this in subsequent posts after Euroclear's response to my direct mail to them. 

Checking the truth and accuracy of a company's support of Black History Month and their claims to celebrate the achievements of their black colleagues and to validate their claims of being driven by ESG principles. So I am posting a few questions to them publicly. To give them room to expand their claims statistically I use the abbreviation Black, Asian. Minority Ethnic (BAME) employees: Dear Euroclear, Fantastic update, if true (see below). Therefore please do share publicly some detailed & accurate statistics on your claim: Q.1: What is the proportion and numbers of Black, Asian and minority ethnic (BAME) employees do you employ? Do you, e.g. employ from the large catchment of people from North African (minority ethnic) countries that live around your HQ in Brussels Nord); Q.2: Same as (1) above but to include your CSDs in France, Netherlands, Finland, Sweden and the UK; Q.3: How many BAME employees are on the Management Board and on your Extended Management Committee?; Q.4: How many BAME non-executive directors are on the Boards of your ESES CSDs, in Euroclear Finland and Sweden and on EUI's board?; Q.5: How many, if any of your BAME employees have got genuine Managing Director status and responsibility; Q.7: How many and what proportion of all your employees globally that have Managing Director status have Belgian citizenship? I am sure you would have such statistics ready-on-hand to validate both your claims in your post and to support your claim to be driven by ESG principles. If not...!

U.S. Bank Wealth Management President Scott Ford gives his tips on building wealth at the 39th annual Black Excellence Awards. The theme of the event was “Value, Values and Excellence: Making Your Assets Count.”  #usbank #usbancorpinvestments #wealthmanagement

The vision of an African Bank for the people, by the people, serving the people, was borne from the need to empower those excluded from essential financial services. That vision remains our inspiration, six decades after it first inspired a legacy of black excellence. Whatever your path to success looks like, we will back you every step of the way. #BusinessAndCommercialBanking #BackInBusinessBanking #AfricanBank #AudacityToBelieve #AudacityToBelieve

Spotlight on Dana L. Wilson, MBA, a fearless founder shaking up the financial world with CHIP (Changing How Individuals Prosper)! 🌏 ✨ With a rich background on Wall Street and firms like Merrill Lynch and SunTrust Bank, Dana founded CHIP to spotlight Black and Latinx financial experts, fostering a wealth-building movement. 🤝 CHIP isn't just a directory; it's a gateway to prosperity for communities historically underserved in financial services. By connecting consumers of Color with seasoned professionals, CHIP aims to narrow the racial wealth gap and empower financial freedom for all. 🌈 💼 None of the information discussed should be taken as investment advice; please see a16z disclosures for more information.

In Episode 2 of our Juneteenth mini-series, our CEO & Chairman, Kevin Cohee, dives into the racial wealth gap and its roots in systemic inequality. Discover how OneUnited Bank is using innovative technology to transform Black America and provide equal opportunities for success. Don’t miss this powerful conversation! 🖤✨ #Juneteenth #RacialWealthGap

The Summit of the Black Masterminds is just days away! Don't miss out on the opportunity to be in the room where leading experts in business economics are speaking, banks and lenders are sharing on access to capital, and grant programs are being shared with all in the room. Register today and secure your spot! https://lnkd.in/gW6viF-x > Conferences P.S. The Road to Capital event is free and open to the public. Learn about funding opportunities and more!"

STRENGTH IN NUMBERS: Join CEEM Cooperative Economic Empowerment Movement for Economic Empowerment Opportunities "Intentionally or not, most people do business with those who look like them. Is that racist? Maybe, maybe not. I do know that Black Americans spend money and do business with each other at a lower rate than other races do." These thought-provoking words from financial expert Lee Jenkins highlight a critical issue facing our community. In a world where diversity, equity, and inclusion are often overlooked in investment circles, CEEM stands as a beacon of hope. We believe in the power of unity and self-reliance to drive economic growth and prosperity. Our movement is built on the principle that together, we can achieve more. By joining CEEM, you become part of a community dedicated to creating opportunities and leveling the playing field. Together, we can break down barriers, empower each other, and build a future where everyone has the chance to thrive. Join us today and be a part of something bigger. Let's harness the strength in numbers and create positive change for ourselves and future generations. #millionairemindset #thinkandgrowrich #buildingblackwealth #blackwealthmatters #financialliteracy #financialfreedom #financialeducation #financialstewardship #groupeconomics #generationalwealth #blackeconomics #blackentrepreneurs #blackbusiness #blackwealth #blackwealthmatters #blackwallstreet #blackwealthrenaissance  #racism #strengthinnumbers #ProfessionalDevelopment #CommunityEmpowerment #SocialImpact https://lnkd.in/gemznYGz