28/09/2011 11:56
Brazilian banks on strike
Banks across Brazil are on strike after the union representing bank workers rejected the National Federation of Banks’ (Fenaban’s) offer of an eight percent salary increase on Monday, well below the 12.8 percent raise that had been requested earlier. The indefinite strike and shutdown will include both public and private banks.
The nationwide strike began on Tuesday in an effort to pressure Fenaban to resume negotiations and meet the Brazilian banking union Contraf-CUT’s demands. The decision to strike was made just hours earlier by the Workers’ Bank of São Paulo, Rio de Janeiro, Brasília and Porto Alegre, among many others, according to The Rio Times.