The reaction of Fe2(CO)9 at room temperature in THF or toluene with the α‐imino ketones R1N=C(R2)–C(R3)=O (L) (R1 = alkyl, R2 = H, Me, Ph, R3 = Me, Ph) (a–k), initially results in the formation of the mononuclear chelate Fe(CO)3(α‐imino ketone) complexes 6 which can be isolated in moderate (6h) to high (6e–g) yield. Under these reaction conditions, complexes 6 subsequently react with [Fe(CO)4] fragments or dimerise, to form the dinuclear complexes Fe2(CO)6(α‐imino ketone) (7a–j) or Fe2(CO)4(L–L) (8a,b,k), respectively. The complexes 8 contain two α‐imino ketone ligands C–C coupled at the ketone carbon atoms. Complexes 8a,b react with CO at elevated temperatures to quantitatively yield Fe(CO)3(α‐imino ketone) (6a,b). This reaction can be reversed photochemically. Irradiation of a solution of 6a,b in the low‐energy band results in the reformation of 8a,b in almost quantitative yield. The extremely air‐sensitive complexes 6 and the dinuclear complexes 7 and 8 have been characterised spectroscopically (IR, UV/Vis, 1H and 13C NMR) and by elemental analysis. The solid state structures of complexes 6g and 8a have been determined by single‐crystal X‐ray diffraction. The molecular structure of 6g confirms the flat σ‐O,σ‐N chelate coordination of the α‐imino ketone. The structure of 8a consists of two metal–metal‐bonded Fe(CO)2 units, bridged by a formally 10e‐donating dianionic C–C coupled (tBu‐ADO) ligand. A mechanism for the formation of complexes 8 is discussed.