Dealmakers forced to sit on hands as Spain slows down

Spanish mothers often warn their children not to swim after lunch. Dealmakers in the Iberian Peninsula similarly face being told to sit and slowly digest their rich diet of prosperity and leverage from the years leading up to 2007.

While they do so, they can contemplate the sufferings of the real estate, banking and construction sectors - once the principal drivers of the region's growth.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions