After weeks of negotiations, the trade unions concluded a social plan for Nordea Bank's division that was presented in a joint statement. ALEBA, LCGB and OGBL, the trade unions for financial services, reached an agreement with the management. The bank will drop initial plans to use a capping system to compensate nearly 150 staff members, who stand to lose jobs when Nordea's private banking operations are transferred to Swiss bank UBS.
Read on: in English … Read on: in French …
[close]