This article discusses the change of collective labor-management relations within banking mergers in Taiwan. The merger between Standard Chartered Bank and Hsinchu International Bank is taken as a case study. This article states that following the adoption of a merger between Standard Chartered Bank and Hsinchu International Bank, employees of the latter organized a trade union. Soon, the title of the union was changed to Standard Chartered Bank (Taiwan) Industrial Union, which verified that Hsinchu International Bank was the surviving one. However, because of broken collective bargaining, Standard Chartered Bank (Taiwan) Industrial Union held a general meeting and voted for strike. As the result, the bargaining representatives reopened negotiations and signed a conciliation memorandum and, finally, a collective agreement. The case study suggests that conflict and cooperation are constants in labor-management relations.