Angry brides use Facebook to organise march on HSBC HQ

LONDON - HSBC is facing a PR nightmare as brides and grooms plan to converge on the banking group's head office following the collapse of internet wedding list company Wrapit.

Angry brides use Facebook to organise march on HSBC HQ

The couples are planning to protest at the Canary Wharf headquarters to pile pressure on the bank, which, as Wrapit's main creditor, reportedly owed about £3.5m, is believed to have been instrumental in the gift company going into administration.

A Facebook group dedicated to the protest accuses HSBC of being more 'interested in their procedures than doing the right thing' and says: 'We're going to remind them that there is more than just numbers involved and that they have an ethical obligation to uphold.'

The move follows letters from Wrapit managing director Peter Gelardi criticising the bank. 'HSBC now have it within their power to minimize the pain caused to 2000 couples - and, probably, 100,000 of their guests - and ensure that no Wrapit customer loses any money and, as things stand, they will not take it,' said Gelardi.

HSBC press officers were not available for comment, but the bank did issue a statement saying that its duty of confidentiality to its customer precluded it from discussing details of their financial circumstances. However, it added: `HSBC is a responsible lender and believes it has done all it can over recent months to assist the directors. We fully appreciate that the company moving into administration has caused great stress among Wrapit's customers and couples. However, we are confident that HSBC has, at all times, acted appropriately given the circumstances, and any suggestion that HSBC is responsible for Wrapit's problems is absolutely refuted.'

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