At the end of February, trade unions in the eleven countries in which Société Générale operates created a second international union alliance in the banking sector, following that which was set up at Barclays in January. Other union alliances and company agreements, on an international level, are expected in the next few months in the banking sector. Elise Buckle, global coordinator for UNI Global Finance, offers some analysis.
Development of trade union alliances. A new alliance is being created within BNP Paribas. Previously, two alliances had been created in banks in Latin America (Itaù and Banco do Brasil). Two trade union alliances are being formed in Africa, at Ecobank and Standard Bank. Elise Buckle explains that “to establish a trade union alliance there needs to be a strong union presence, so work done at regional level could prove to be very useful. For example, at Barclays, the first alliance was...
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