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EN
HSBC Malta staff stage sit-in strike amid sale dispute
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The Malta Independent
<a href='https://ads.independent.com.mt/www/delivery/ck.php?n=afef72b0&cb=132' target='_blank'><img data-src='https://ads.independent.com.mt/www/delivery/avw.php?zoneid=22&cb=132&n=afef72b0' border='0' alt='' /></a>HSBC Malta employees are staging a sit-in strike following a directive issued by the Malta Union of Bank Employees (MUBE) on Monday.
The dispute centres on the union's push for employee compensation ahead of HSBC Malta's planned sale to CrediaBank.
CrediaBank, however, has ruled out any job cuts among HSBC Malta's 900-plus employees, raising questions over whether the clause applies in this case.
In its directive, MUBE accused HSBC Malta of failing to engage in "meaningful discussions" or to put forward "any form of proposals," leaving it "no other option" but to escalate.
The union also voiced "serious concerns" over whether HSBC has been transparent with potential bidders regarding staffing issues.
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'crediabank']