LEIPZIG (dpa-AFX) - Employees of Commerzbank branches have been called out on an all-day warning strike on Friday following an unsuccessful second round of wage negotiations for employees of private banks. According to the trade union Verdi, Commerzbank employees from the Thuringia and Leipzig works councils as well as employees of the subsidiary ComTS in Erfurt, Magdeburg and Halle were affected. Work stoppages were also called in several other federal states, including North Rhine-Westphalia.

In the nationwide collective bargaining round, Verdi is demanding a 12.5 percent pay rise, but at least 500 euros per month and a 250 euro increase in monthly pay for junior staff. "We want to compensate for the loss in real wages for all employees," said Verdi negotiator Jan Duscheck. The union also wants to achieve a reduction in weekly working hours.

The employers once again rejected the salary demands at the start of the wage negotiations on June 6 as "clearly too high". Negotiations are to continue on June 17 in Berlin, and a third meeting has also been arranged for July 3 in Frankfurt./djj/DP/stk