Iberia's long-delayed IPO finally on course

Iberia, the Spanish national airline, is finally set to launch its IPO in November - one year after it had originally hoped to come to the market.

The go-ahead for the deal by Sepi, the Spanish privatisation agency, and Xavier de Irala, chairman of Iberia, will come as a great relief to Merrill Lynch and Banco Santander Central Hispano, the two banks leading the sale.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It