Schiphol is going to borrow hundreds of millions of euros from the European Investment Bank (EIB) to finance the airport’s investment plans. Royal Schiphol Group and the EIB have closed a loan agreement of 175 million euros,

HSBC will shut key parts of its investment banking business in the UK, Europe and the Americas as part of chief executive Georges Elhedery’s plan to overhaul its operations. Europe’s biggest lender will close its mergers and acquisitions advisory and its equity capital markets businesses outside Asia and the Middle East,

HSBC (NYSE:HSBC) is set to wind down its mergers and acquisitions and equity capital markets businesses in Europe, the UK, and the U.S. as part of a significant restructuring strategy, Reuters reported,