Watch CNBC's full interview with RBC's Gerard Cassidy and UBS analyst Erika Najarian

Gerard Cassidy, head of U.S. bank equity strategy and bank analyst at RBC Capital Markets, and Erika Najarian, UBS equity research analyst, join 'Squawk on the Street' to discuss the status of regional banks, why J.P. Morgan's acquisition of First Republic is great for the former and much more.