Yellen Said to Be Obama Pick for Fed Vice Chairman to Replace Donald Kohn Federal Reserve Bank of San Francisco President Janet Yellen is President Barack Obama’s pick for vice chairman of the central bank in Washington, two people with knowledge of the selection process said.

Buffett Takes $100,000 Berkshire Salary While Arranging $27 Billion Deal Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc. who pays the company for postage and personal phone calls, received a $100,000 salary for a 29th straight year as he arranged a $27 billion acquisition.

Brian Pitman, Former Lloyd's Bank Chairman and Adviser to Branson, Dies Brian Pitman, who transformed Lloyds Bank into Britain’s most profitable lender and was one of his generation’s most successful bankers, has died. He was 78.