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Daily Dispatches: Ex-Merrills commodities boss starts hedge fund

Diego Parrilla, former head of Asian commodities at Bank of America Merrill Lynch, has set up a hedge fund in Singapore and will start trading in the fourth quarter. (Bloomberg)

Credit Suisse Group said Wednesday it has made 11 appointments across equities, fixed income and the investment banking departments in India. (Finance Asia)

Hays in the UK sent out confidential pay details of thousands of temporary workers it had placed with Royal Bank of Scotland. In an e-mail to 800 RBS employees, a Hays staff member disclosed day rates for 3,000 contractors. (Financial Times)

Bank of America has again sought to calm investors' fears about the bank, for the second day taking the unusual step of directly addressing rumours and analysis published in the blogosphere. (Financial Times)

Here's how to write a resignation letter just like Steve Jobs. (The Telegraph)

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.