Articles by lux-admin

16th May 2020

These three UniCredit mistakes were a recipe for disaster with ATFBank acquisition

To understand the one of the biggest banking catastrophes in the history of Italy we need to dive in the reality of the days it was preceding it. The future looked bright in the early 2000’s. Money supply was indefinite and national economies were bubbling with all sorts of bubbles. Nobody cared. The libertarian [...]

2nd May 2020

Daniyar Abulgazin, Timur Kulibayev’s financial officer – and his role in Ingma Holdings

Daniyar Abulgazin, a ‘perfect lieutenant’, according to the Public Eye, of Timur Kulibayev, began his career as a Felix Derzhinsky Higher School of the KGB of the U.S.S.R. student in Moscow. He graduated in 1991. The Soviet Union collapsed the same year which left young Daniyar briefly unemployed. However, [...]

18th April 2020

Airbus temporarily sends 3,000 French workers home

Aircraft maker Airbus temporarily sends 3,000 employees home from its French factories. Due to the corona crisis, there will certainly be no work for the employees until mid-May, also because, according to the company, there is no possibility to give employees on the work floor enough space to work according to the [...]

17th April 2020

Timur Kulibayev and Aktaunefteservis sale: from pocket to pocket with $344 million in total

Timur Kulibayv is known far beyond the borders of Kazakhstan. He is known as a buyer of lavish villas in Spain, a royal estate in Britain and some other outstanding properties. But what is the origin of the enormous wealth one should have to buy the most expensive villa in Switzerland? And then to buy the second and [...]

2nd April 2020

Timur Kulibayev acquired an oil company and made the state pay for it

As oil is literary gets cheaper than Coke Kazakhstan has been put to stress. The budget of the Central Asian country is built on oil export and without it the hardship is inevitable. The state needs to turn to its internal reserves and rethink the use of sovereign funds. An important task is to recall how the national [...]

19th March 2020

McMafia legislation puts Kulibayev’s oil wealth under pressure

Britain had always been kind to homeless billionaires in desperate need to bury the stolen money. The country adopted all kinds of scum from Eastern Europe and Africa, Middle East and Central Asia disguised as dissidents and ‘enemies of the regime’. It was a very successful policy and soon United Kingdom [...]

9th March 2020

Timur Kulibayev elaborated oil scheme has been highlighted by US media

Timur Kulibayev is the nearly almighty oil, gas and banking tycoon from Kazakhstan. His enormous wealth is evaluated by Forbes as more than $3B, however this number may be actually much bigger. He is ranked #1 businessman by influence in his own country. As with all Central Asian countries this wealth came from [...]

24th October 2019

Umut Shayakhmetova from Halyk Bank: a true leader for the brighter future of Kazakhstan

For the modern Western people it’s hard to imagine the reality of Kazakhstan. Thirty years Nazarbev, once a CPSU-apparatchik and then the leader of independent Kazakh nation is in power. He left the chair of the president only to occupy the throne of the ‘leader of the nation’ and will remain there [...]

23rd October 2019

Halyk throws another bunch of shares to the market, it was left unimpressed for a while

Halyk Bank of Kazakhstan is one of the rare examples of CIS-based venture whose shares proved to be a profitable investment, at least in some cases. For example, the HSBK GDR price has risen from its 2016 minimum 3.60 to as much as 14.75 in 2018. Since then the price has retreated but generally performed well. That [...]

9th September 2019

Markets stuck between the Brexit saga and Stimulus tale

The European stock markets remained close to home on Monday. The markets were trapped between the hopes of more central bank stimulus measures and the continuing unrest surrounding the Brexit. At the Damrak, Air France-KLM fell due to disappointing transport figures from the aviation [...]

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