Capital MarketsDiversity & Inclusion
March 9, 2023

Win-win: Prioritizing D&I Firms for Share Repurchase Programs

Many NeuGroup members say diverse-owned firms excel at open market share repurchases. A long-simmering debate over share repurchases is heating up, generating headlines featuring President Biden and Warren Buffett. But there is no debating that stock buybacks remain a hugely significant tool for corporate capital allocation: they’re projected to exceed $1 trillion in 2023. Bigger insight: Comments about buybacks by NeuGroup members at recent meetings also reveal growing agreement that diverse-owned banks and brokerage firms are distinguishing themselves on share repurchases, providing treasury teams with top-rate…
Capital MarketsD&IInvestment Management
February 2, 2023

Reaching Out: Treasury Leads Engagement With Diverse-owned Firms

NeuGroup research reveals treasury is the primary driver of greater engagement with minority-owned banks, brokers and asset managers.  As chief procurer of financial services, treasury is at the epicenter of a complex ecosystem of financial partners, from banks to brokers to pension and cash investment managers. According to NeuGroup’s D&I Financing and Asset Management Survey, treasury is not only seeking greater engagement with minority-owned firms but is the driving force behind companies’ efforts to build more expansive financial relationships with these…
January 5, 2023

Not Yet in Writing: Most Treasuries Do Not Have a Formal D&I Policy

D&I financing and investing activities at many companies are governed by informal guidelines. New NeuGroup research reveals that 86% of treasuries do not have a formal policy to govern engagement with diversity firms, but a majority (54%) work within informal guidelines. NeuGroup conducted the November 2022 survey in partnership with the National Association of Securities Professionals (NASP), Fitch Ratings and Sustainable Fitch. The responses came from members of NeuGroup for Cash Investment Managers, Pension Managers, Capital Markets and our extensive D&I working group. Doing more,…
D&IInvestment Management
March 10, 2022

A Starbucks Fund Blends Racial Equity, Environmental Resilience 

The company selected CDFIs for its Community Resilience Fund to achieve specific goals. During a NeuGroup Diversity and Inclusion Working Group session held during Black History Month (Feb.), presenters from NeuGroup member company Starbucks shared insights on a $100 million fund the company launched last year to advance racial equity and environmental resilience. The fund is part of a trend of increased commitments by corporates to promote D&I following the murder of George Floyd in 2020. The initiatives include a racial…
November 29, 2021

Growing Corporate Reporting on DE&I Initiatives and the Impact on Treasury, with Eaton.

About this meeting Treasury professionals have been diligently working with corporate leaders to support growing Corporate ESG reporting and trying to tie those efforts to tangible initiatives within treasury. NeuGroup member Eaton Corporation recently issued their own Diversity report with interesting, ambitious goals. We’ve invited leaders from Eaton to join this session, including Monica Jackson (Eaton’s VP of Inclusion and Diversity) and Yan Jin (Vice President, Investor Relations) to attend and encourage our members to invite their Diversity and Investor…
November 1, 2021

D&I Working Group: One-on-Ones with six leading DE&I Broker/Dealers

About this meeting NeuGroup has sponsored several events where DE&I Broker Dealers discussed their participation in transactions. This event represents a unique chance to talk directly with leaders from six leading D&I firms we have invited including: Academy Securities CastleOak Securities Loop Capital Ramirez & Co. Seelaus Siebert Williams Shank Planned agenda: 15 min: Introductions (2 min each per firm) 40 min:  Six Breakout Rooms – one for each firm.  A chance for members to talk directly with representatives and…
August 24, 2021

How to Retain, Recruit & Engage Employees with DEI Efforts

About this meeting In today’s environment, competition for talent is tight and companies are exploring new and creative ways to retain and engage their top talent. Join us for an inspiring and practical conversation around new approaches and efforts that use DEI as an authentic and innovative tool for employee retention and engagement. This discussion is expected to include corporate guest’s thoughts on: Practical Examples of new DEI programs to drive employee retention and engagement Case study of a program to increase diverse recruitment…
August 18, 2021

Making sense of DE&I balance sheet investment options

About this meeting Many treasury professionals are working hard to integrate DE&I initiatives as they manage their balance sheets.  These initiatives are important and often align with their broader organizational goals and long-term values.  However, the myriad of options and the shifting market can often make evaluating products and opportunities challenging.  Join Pia McCusker, Global Head of Cash Management, and Kevin Zimmerman, Head of US Cash at State Street Global Advisors for a roundtable discussion to help unpack these exciting…
July 8, 2021

D&I: Making Corporate Deposits a Social Good with IntraFi

About this meeting NeuGroup has introduced corporate treasury leaders to several leading intermediary firms that aim to make navigating how to support Minority Deposit Institutions (MDIs) and Community Development Financial Institutions (CDFIs) simpler and more efficient.  This session will provide an opportunity for members to hear directly from a IntraFi (formerly Promontory Interfinancial network), a long-standing provider of services to streamline the placement of deposits with D&I firms and compare and contrast with the other solutions that have already been…
June 1, 2021

D&I Panel Discussion with Diversity Broker Dealers and Investment Firms

About this meeting The NeuGroup Diversity and Inclusion Working Group has discussed the use of diversity firms across several capabilities including bond issuances, bank deposits, affordable housing initiatives, investments, and other transactions. This session offers an opportunity for members to meet directly with leading D&I Broker/Dealers and Investment Firms including: Annie Seelaus Chief Executive Officer Seelaus Chance Mims, Founder & Chief Executive Officer, Academy Securities Samuel A. Ramirez Jr, President and CEO Ramirez & Co, Chris Williams…