Wendy SpiresThe Malta Union of Bank Employees has said that it is currently in a dispute with HSBC Bank Malta over the proposed restructuring of its Maltese wealth management arm and has ordered industrial action.
While the Maltese director of industrial and employment relations has intervened in the dispute and convened two meetings on the issue, no resolution has been reached. As a result, HSBC’s wealth management staff are on strike.
“MUBE has now written to the Minister responsible for Justice, Dialogue and the Family to appoint an Industrial Tribunal in accordance with Maltese employment law with the intention of settling the trade dispute in the absence of a negotiated settlement between the parties concerned,” the Union said in a statement.
ProFundCom - Email Marketing for Finance