Vining Sparks' Marty Mosby: A Fed cut won't strongly impact bank earnings

8:33 AM ET Mon, 8 July 2019

Deutsche Bank announced Sunday that it will pull out of its global equities sales and trading business as part of a sweeping restructuring plan to improve profitability. Marty Mosby, director of bank and equity strategies at Vining Sparks, and Peter Boockvar, CIO at Bleakley Advisory Group, join "Squawk Box" to discuss the news as well as what they're expecting from second quarter bank earnings.