Press Release:– Regional industrial relations officials from Bank of Nova Scotia met with the Leadership and Shop Stewards of the National Workers Union (NWU) during the period of negotiations.
The meetings discussed new arrangements that Scotia Bank is currently undertaking and the implications for the Bank’s employees going forward. The following were agreed upon:
- All Scotia Bank staff in and outside of the Bargaining Unit’s representational net will be absorbed by Republic Bank Holdings.
- A meeting with NWU officials and Republic Bank Holdings will be scheduled shortly to discuss the way forward.
President of the National Workers Union, Tyrone Maynard said the union has requested that individual letters of absorption be given to all employees.