China Construction Bank Favored, Werner Says

March 28 (Bloomberg) -- Mike Werner, an analyst at Sanford C. Bernstein & Co., talks about the outlook for China's financial industry. China’s largest banks capped a sixth year of record profits by posting a 21 percent average return on equity, more than twice the rate earned by U.S. and European rivals led by JPMorgan Chase & Co. Werner speaks in Hong Kong with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

CIBC's Tal: We Need to Monitor Subprime Loans in Canada
09:10 - According to the latest report from CMHC, condo building activity in Toronto appears to be "well managed," unlike the 1980s housing bubble. Yet, BOC Governor Stephen Poloz recently addressed the pace of rising home prices in Canada's two hottest markets - Toronto and Vancouver. Benjamin Tal, deputy chief economist at CIBC World Markets, joins Bloomberg TV Canada's Amanda Lang to discuss the current state of the Canadian housing market, where it's headed and what measures need to be taken to "cool" foreign buyers. (Source: Bloomberg)
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