CDLU's Civil Rights Leader Pichardo Rips BBVA for “Desecrating Memory of George Floyd;” Bank Refuses to Terminate Alleged Racist Vendor Balch & Bingham

Tuesday, 08. September 2020 14:00

HOUSTON, Sept. 08, 2020 (GLOBE NEWSWIRE) -- CDLU's Civil Rights leader Ernesto Pichardo dispatched a scathing letter to Javier Rodriguez Soler, President and CEO of BBVA USA, for not terminating the alleged racist law firm Balch & Bingham.

“Over two months ago we called on you to immediately terminate alleged racist law firm Balch & Bingham as BBVA’s outside lawyers. You have done nothing. Desecrating the memory of George Floyd for public relations purposes, BBVA ought to be ashamed to ‘stand in solidarity’ with a law firm that has been involved in alleged racist misconduct, targeting poor African-American children, allegedly disenfranchising African-American voters, and suppressing African-Americans in North Birmingham, Alabama from having their toxic property tested by the EPA,” Pichardo wrote.

In 1993, Pichardo won a unanimous U.S. Supreme Court decision for religious freedom and Civil Rights after his Afro-Caribbean faith came under attack due to blatant intolerance and discrimination by racists and religious bigots.

BBVA’s Rodriguez Soler announced in early June that the bank would “stand in solidarity” and “side-by-side” with the Black community after the murder of George Floyd.  Yet BBVA did not terminate Balch & Bingham even though the bank was provided with a detailed 14-page report, including details about a Balch partner who was convicted of money laundering and bribery.

Pichardo asks Rodriguez Soler, “Why won’t BBVA truly take a bold stand against racism? Were your words from June just public relations fluff?”

Pichardo has been a member of the Board of Directors of the CDLU (Consejo de Latinos Unidos) since 2003, a public charity and advocacy group that launched an accountability and education project in 2017 about Balch & Bingham’s transgressions.


Camila Mendoza
+1 323 264 5889

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