Economy News New Morgan Stanley Ceo Ted Pick Sees Growth Despite ‘unusual’ Economy

Morgan Stanley’s Mike Wilson sees market transition from “rolling recession” to “recovery”

Morgan Stanley’s chief investment officer and U.S. equity strategist Mike Wilson believes the market has transitioned from a “rolling recession” to a “rolling recovery,” signaling optimistic prospects ... Read More

Morgan Stanley CEO Says He Might ‘Slightly’ Up Pace of Buybacks

Morgan Stanley Chief Executive Officer Ted Pick said his bank might buy back shares at a “slightly higher cadence” after repurchasing just over $1 billion in the third quarter. Read More

Morgan Stanley profit beats estimates on dealmaking boost, shares soar

Morgan Stanley's profit beat estimates in the third quarter as a surge in dealmaking drove revenue to records, and the company's finance chief said its investment banking pipeline is at "all-time ... Read More

Morgan Stanley profits soar past Wall Street’s forecasts — as stock trading trounces predictions

That beat $3.74 billion from Goldman Sachs, which has dominated equities trading in recent years. Ted Pick – Morgan Stanley’s notoriously foul-mouthed boss – has been eager to usurp the Wall Street ... Read More

Morgan Stanley share buybacks might continue at 'slightly higher cadence,' CEO says

CEO and Chairman Ted Pick said Wednesday the investment bank might continue buying back shares at a "slightly higher cadence" after more than $1B worth of repurchases in Q3. Read More