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HSBC wealth management employees on strike

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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.

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