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SQUAWK BOX, MONDAY 8TH JULY, 2019

Author
CNBC International
Published
Mon 08 Jul 2019
Episode Link
None

Deutsche Bank announces a radical overhaul, cutting 18,000 jobs and exiting its global equities sales and trading business. The German lender’s CFO James Von Moltke tells CNBC that this round of restructuring will be the last. A strong U.S. jobs report prompts investors to dial back on hopes of a Federal Reserve rate cut. However, the Bank of France governor tells this channel that the ECB may move as early as this month. And we are live in Greece where we hear from newly elected prime minister Kyriakos Mitsotakis whose New Democracy has won a resounding victory ousting Alexis Tsipras and his Syriza party.

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