The Malta Union of Banking Employees has kept its directives at HSBC Malta but said that a workable framework for employees is being assessed, implying an offer has been made by the bank. The union also said that the rights of employees who are not its members will be protected but said not to communicate with strike-breakers. Disagreements were reported within the union as younger employees were being offered relatively low compensation amounts compared to more senior employees.
The Nationalist Party has reiterated that the jobs of employees should remain a priority and called on the purchaser of HSBC Malta to up its offer to minority shareholders. HSBC Malta is in the process of being acquired by Credia Bank.
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