Satari Ajikawo

Satari Ajikawo Investment Bank would soon be accredited as European Investment Banking Champion to compete with US rivalries Advocates such as JP Morgan, Goldman Sachs, Morgan Stanley and Citi. British needs transatlantic Investment Banking Powerhouse for Capital Market transaction to complete with US peers: its has been proposed that Britain should have one universal Bank, one player on Wall Street, diversified enough to do Banking across the globe. Global energy trader Gunv...or Group a commodities trader is opening its first London office as an headquarter while also closing its trading desk in the Bahamas to increase efficiency in North America. Gunvor had recently recruited a natural gas trading team for London, adding that the Switzerland-based firm briefly had one trader in London a few years ago but this latest push was on a larger scale backup under Satari Ajikawo Investment Bank through its segment unit Fixed Income, Currencies and Commodities (FICC). The supply for both Oil and Gas comes from tap well of Rosneft, Gazprom and LNG. Natural gas accounted for 23 percent of Gunvor’s traded volumes last year while crude oil accounted for 30 percent. Traded volumes rose 22 percent last year to 184 million tonnes. We hope to double the traded volume for both Oil and Gas in next year 2019, delivery subject to both derivatives instruments and physical products. Some of the company’s Nassau staff, which included five traders, will be reallocated to other offices, including Houston {USA}. The firm grew its North American presence last year and now has two U.S. offices in Houston and Stamford, Connecticut as well as a representative office in Calgary, Canada. It was part of the re-alignment there and to make operations more efficient. It was redundant to have a trading office there on top of the new Houston one,” one source said. Earlier this year, Gunvor said that in 2018 it would focus on the U.S. domestic market as well as liquefied natural gas. The cost of the expansion was among the mains factors that weighed heavily on the firm’s net profit in 2017, which fell nearly 50 percent.
See More