Things are happening at BofA Merrill’s commodities division. Fresh from hiring Patrick Sciamma, formerly of Dresdner, as global head of complex commodities options, Ian McKie from ‘a hedge fund’ as managing director and global head of carbon emissions, and Thierry Groell from RBS Sempra as head of Emea corporate energy sales and oil origination, Financial News reports that BofA Merrill wants to increase headcount in its commodities business by 25% globally.

The hiring plans have apparently already been signed off by Tom Montag, so may even be implemented soon. Other commodities hirers du jour include Nomura and Credit Suisse.

74% of BarCap’s top-line income, came from fixed income, currencies and commodities. (Alphaville)

“We are Barclays, we are not trying to be Goldman Sachs.” (Bloomberg)

RBS is rearranging its business to create an FICC division something along the lines of Goldman Sachs. (Financial News)

HSBC’s bonus pot is thought to be 1.5 billion. (The Times)

DZ Bank plans to hire as many as 300 private bankers in Germany over the next five years. (Bloomberg)

Deutsche Bank intends to target Chinese millionaires. (Bloomberg)

US fund Arrowstreet Capital is hiring a head of business development. (Financial News)

Goldman Sachs Asset Management has hired lots of European distribution professionals. (CityWire)

Citigroup’s hiring lots of Australian researchers. (The Australian)

RBS’s departing senior trader and salesman are joining Nomura; one is going to be based in Tokyo! (The Telegraph)

“Eurostat knew all about these deals, which were perfectly legal at that time. We didn’t keep them secret.” (Financial Times)