HSBC wealth management employees are on strike at the directive of their union, which failed to reach an agreement with the bank on the section’s proposed restructuring.

The Malta Union of Bank Employees said in a statement that it has written to the Justice Minister requesting the appointment of an Industrial Tribunal to settle the dispute in the absence of a negotiated settlement between the parties concerned.

It reiterated that its preference would always be that of a negotiated settlement and a mutually agreed way forward.

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.