MOVES-Head of Americas gasoline for TotalEnergies trading arm departs for hedge fund, sources say
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The head of Americas gasoline for TotalEnergies' trading arm, Gregory Galimberti, has left to join hedge fund Verition Fund Management. Galimberti, a seasoned trader with nearly eight years at Atlantic Trading & Marketing Inc, resigned recently. His departure comes amid a surge in profits for commodities traders due to market volatility from geopolitical events. Verition, established in 2008, has expanded significantly, managing approximately $12.5 billion in assets as of April.
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