Staff at HSBC Malta have gone on strike over compensation details for employees tied to the sale of the bank to Credia Bank. The strike directive has been issued by the Malta Union of Banking Employees who are demanding negotiations over the Benchmarking Exercise and compensation claims.
According to the directive that has been instituted today at 12.30, staff will log-off from all systems and banking communications.
The union is also stating that HSBC Malta may have not divulged all the relevant details to its bidders. The copy of the directive is being published below.
Previously, the MUBE published concerns over the sale of the bank to specific bidders that were considered as high risk.
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