KEB’s union threatens to strike this month if demands ignored

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KEB’s union threatens to strike this month if demands ignored

After failing to reach an agreement with Hana Financial Group yesterday, the labor union of Korea Exchange Bank said it may go into full strike mode from Feb. 18 if its demands are not met before then.

KEB’s unionized workers demanded independent management and guarantees of job security.

They added that they will block KEB’s designated President Yun Yong-ro from entering his office if the shareholders approve Hana’s nomination of Yun at next month’s meeting.

“The issue is how long the system of having two banks under one roof will last,” said Kim Ki-chul, head of the union. “It would be pointless if it only lasts for one year.”

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