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  • Job losses seen due to 'mega bank merger'

    Wednesday, July 23, 2014
    • Bank Negara Malaysia / BNM
    • Bank Negara Malaysia / BNM
    NUBE claimed that the union had written to BNM in the past about mergers leading to job losses but the the central bank did not respond to the letter (Graphics by Dayang Norazhar/ The Mole)

    KUALA LUMPUR: The country’s largest bank union, National Union of Bank Employees (NUBE), has voiced its concern about possible job losses from the proposed “mega bank merger” between CIMB Group Holdings Bhd, RHB Capital Bhd (RHBCap) and Malaysia Building Society Bhd (MBSB), urging the central bank to come up with measures that could help safeguard employees of the merging banks....

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