Facebookers bring HSBC to its knees

Facebook may not change the world, but it's changed one of the world's largest banks. HSBC had planned to collect overdraft fees for Brits leaving university this summer, but after thousands of students mounted an online protest via Facebook, the big-name bank has scrapped the plan entirely, The BBC reports.

According to the National Union of Students (NUS), which organized the protest, more than 4,000 students badmouthed the bank from a Facebook group called "Stop the Great HSBC Graduate Rip-off".

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News source: The Reg

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