HSBC U-Turn After Facebook Protest
September 4th, 2007
Following on from last week’s post on students pressuring HSBC on Facebook, HSBC have decided to do a U-turn on their plans to scrap interest-free overdrafts on their graduate accounts:
Thousands of students on Facebook had threatened to boycott the bank. The National Union of Students said this made all the difference to the protest. The HSBC bank said it was not too big to listen to its customers.
There’s more about this story over at the Fool.
1 Comment on “HSBC U-Turn After Facebook Protest”
Students Pressure Bank Using Facebook / UK Personal finance blog and money information, tips and links / Money Watch, September 4th, 2007 at 9:35 pm
[...] 3rd September 2007: HSBC have done a U-turn on their decision to scrap interest-free overdrafts. Share This [...]
