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Bank of America Takes $3bn Provision

Bank of America has announced agreements with the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) to resolve repurchase claims involving certain residential mortgage loans sold to them by entities related to Countrywide Financial Corporation (legacy Countrywide).

CEO 2010 Staff Approval Ratings

When we found out that ING Direct USA President and chairman Arkadi Kuhlmann puts himself up for a vote by employees each year to see if they think that he should remain in his post, we wondered what approval rating employees at some of the biggest firms in the financial markets industry would give their bosses.