Bloomberg Collector Bank AB plans to add 80 to 90 employees a year to accommodate growth as the Swedish financial services-provider rolls out new technical solutions and products to challenge the largest banks. Most of the recruitment will be at the IT unit, which currently accounts for 100 of Collector’s 350 full-time employees, Chief Executive Officer Stefan Alexandersson said ...

  Bloomberg CRDB Bank Plc, the largest bank in Tanzania, expects to reduce its non-performing loan ratio to meet a central bank threshold as it shifts its focus to the retail business, Managing Director Charles Kimei said. The lender’s ratio of non-performing loans will fall to 6 percent this year from 8.1 percent a year earlier, when tobacco marketing groups ...

  Bloomberg Brazil’s finance minister nominated Itau Unibanco Holding SA’s chief economist Ilan Goldfajn to head Brazil’s central bank and proposed a constitutional amendment to grant the top monetary authority operational autonomy. Finance Minister Henrique Meirelles also said that Goldfajn, who must still be confirmed by the Senate, would not form part of Acting President Michel Temer’s cabinet and that ...