Morning Briefing
APS Bank reportedly interested in taking over HSBC’s operations in Malta
APS Bank is reportedly in advanced talks to acquire HSBC’s operations in Malta, according to sources who spoke with Times of Malta. On Wednesday, HSBC revealed it was conducting a “strategic review” of its Maltese operations, hinting at a potential exit from the country. Insiders shared that discussions between APS and HSBC’s global shareholders have been ongoing for several years, following indications that HSBC Malta was considering winding down its business. In response to the news, HSBC shares dropped by 18.2%, while APS Bank shares saw an increase of 11.5%.
PN echoes pleas for more info surrounding Gouder’s last days
The Nationalist Party expressed solidarity with Karl Gouder’s family and echoed their plea for information to help clarify the circumstances of his death. The PN urged anyone with relevant details to assist Magistrate Antoine Agius Bonnici, who is leading the investigation. They stressed the importance of public cooperation and assured support for those willing to come forward. The party also called on authorities to use all available resources to uncover the truth. (Maltatoday)
Health Ministry says doctors association slowed down reforms
The Health Ministry has rejected claims made by the Medical Association of Malta (MAM), accusing the association of “opposing, obstructing, or slowing down” several reforms. In a statement, the Ministry emphasised that Minister Jo Etienne Abela had expressed full support for healthcare professionals during a recent press event, while condemning “fake news” targeting the Health Services. The Ministry further criticised MAM for being misleading and maintaining a confrontational stance over the past six months, claiming that the association is falsely implying that a legally mandated Ministerial Inquiry is undermining the medical profession. (The Malta Independent)