Thousands of bank employees have staged a large protest near outlets of leading banks along Jalan Tun Perak in KL today.
The picket, organised by the National Union of Bank Employees, targeted government-linked banks, Maybank and CIMB, as the workers’ placards complained of exploitation. In February, CIMB Group Holdings Berhad reported a record net profit of RM4.4bn for its 2012 financial year. Malayan Banking Bhd (Maybank), for its part, posted a higher pre-tax profit of RM7.9bn for its 2012 financial year (RM6.9bn in 2011).
The relationship between CIMB CEO Nazir Razak and his brother, Prime Minister Najib, was also highlighted by the bank employees.
Parting thought: Will Santa come a-calling before polling day?