MADISON, Wis. - (12/16/04) -- The National Labor Relations Boardsaid it is preparing to issue a complaint against CUNA Mutual Groupfor unfair labor practices, including efforts to aid an attempt fora decertification of the company's union and to separate it intodifferent bargaining units. The charges, which must now beadjudicated by the National Labor Relations Authority, allege thatCUNA Mutual engaged in a number of anti-labor activities, includingthreatening of members of the union, the Local 39 of the Office andProfessional International Employees Union, bypassing the union todeal directly with employees on labor negotiations, and aiding andpossible initiating the efforts to separate white collar workersfrom the main bargaining unit. "If the company wants to fight itout we can fight it out," Kurt Kobelt, a union attorney told TheCredit Union Journal. "But we hope this will get the company to goback and reassess their bargaining tactics." Sydney Lindner, aspokesman for CUNA Mutual, said that the union's complaints dealtwith a large number of issues, many that were rejected. Others, shesaid, focused on events that occurred last spring and have beenresolved.
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JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
8h ago -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
9h ago -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
June 18








