The money network:

The money network:

Why crowdfunding threatens traditional bank lending

The truth about Asian investment banking

April 2006

Kazakhstan: Specialist bank created as equity market booms

by Kathryn Wells

In a sign that Kazakhstan is set to become increasingly visible on investors’ radar screens, a new investment bank has been set up there to offer a full range of corporate finance and brokerage services.


Visor Capital, which intends to compete with local securities houses including Kazkommerts Securities and TuranAlem Securities, has been established this year to meet the growing demand for Kazakh products. The bank received its registration from the Kazakh authorities in March.

Its co-founder and chief executive officer, Michael Sauer, previously worked for Swiss Banking Corporation in London and Brunswick UBS in Moscow, and has a total of more than 11 years’ emerging market experience....


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