Tag: Credia Bank
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HSBC Malta workers split on strike: PN states priority is the job of employees and calls on Credia Bank to up its offer to minority shareholders
Most of the employees at HSBC Malta were present at their work places with many following current strike directives not to log into the banking systems. Most of the branches were not in operation. Many other employees continued working and ignored the strike directives, as splits have emerged within the union. Senior trade union representatives…
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HSBC Malta strike back on
The Malta Union of Banking Employees has reinstated its directive for HSBC Malta workers to resume their strike. The MUBE previously suspended the strike when negotiations began but the union is now saying that the proposal it received is “unworkable” and unacceptable. Workers are being told by the union not to log into their banking…
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Staff at HSBC Malta suspend strike: talks ongoing
Staff at HSBC Malta have suspended their strike today as talks take place between the bank’s management and trade unions, namely the Malta Union of Banking Employees and the General Workers’ Union. The MUBE however, has stated that the bank has yet to present meaningful proposals and the strike will resume if the bank doesn’t…
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BREAKING: HSBC Malta staff go on strike
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…
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Momentum urges transparency from CrediaBank amid HSBC Malta acquisition talks
Momentum has welcomed the fact that HSBC Malta is in negotiations with an EU-based bank, noting that supervision by the European Central Bank (ECB) provides an added layer of security for local banking operations. However, Momentum treasurer Carmel Asciak stressed that transparency must remain at the forefront, particularly in relation to CrediaBank, the Greek bank…