Morgan Stanley CEO ‘super pumped’ as deal pipelines stay resilient

Written by Tatiana Batuzer and Missa Sene
Ted Pick, CEO of New York Company (Reuters) -CEO of Morgan Stanley (MS) TED PICK on Tuesday that he expected Wall Street to have a strong end to the quarter after US tariff ads stopped in April.
“I am very troubled about companies,” Beck said at an annual financial conference hosted by his bank. He added that the deals and evaluation of the stock capital markets are captured, while the deal discussions remained flexible and become more active in some areas.
Morgan Stanley is the main subscription of Chime (Chim.PVT) at the Financial Technology Company (Chime.PVT), which is expected to be closed later this week and collects up to $ 832 million.
The bank also led the Hinge Health (Hng) subscriptions, which raised $ 437.3 million, and the MNTN Marketing Technology Company (MNTN), which raised $ 187.2 million, in May.
“We had the maximum level of identification fluctuations during the first half of the quarter,” he said, adding that deals were stopped during April and part of May. It has changed over the past weeks.
On M & A, Morgan Stanley advised the TJC financial company to sell Silvus Technologies to Motorola for $ 5 billion and AT & T on the consumer fiber acquisition of 5.75 billion dollars.
PICK also cited the bank’s role in advising the Special Board of Directors Committee in Toyota concerned with the proposal to take the private company.
The CEO of Morgan Stanley said that the changes in the banking regulatory framework will be welcomed, and that if there are rules to calculate the percentage of supplementary leverage, known as SLR, the change, the bank may be able to analyze potential acquisitions.
Pick was one of the most optimistic executives during market fluctuations after announcing the customs tariff. While offering a strong profit in the first quarter in April, he said he was “optimistic with caution because we will not go to recession.”
Morgan Stanley recorded standard stock trading revenues in the first quarter, with a 45 % jump from the previous year. Pick Hilm took over as an executive president for a year and a half, and last month he also became president of the council as a former president and former CEO James Gourman left the bank.
Gourman had turned Morgan Stanley into a giant to manage wealth during his term, raised the bank’s profits and turned more predictors.
Last March, Morgan Stanley began to lay off 2000 employees, about 3 % of her global worker, to improve operational efficiency. The bank follows the Wall Street competitors to reduce jobs to prepare for a possible contraction.
(Tatiana Botzer was participated in the coverage in New York and Moses Sene in Bangaluru, edited by Lanan Ngwin, Franklin Paul and Jean Harvey)
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2025-06-10 16:41:00