Staffing will hinder 'mega' bank

Labor unions of the three state banks are worried about job security. "The Bank of Taiwan should find some better quality banks to merge with," said Zou Guay-rong (鄒桂蓉), chairwoman of the bank's labor union.

"We are not opposed to bank mergers [as a whole], but if the Bank of Taiwan could find banks that better complement each other, the labor union would not be against the merger."