Morgan Stanley’s Pick ‘Pretty Amped Up’ About the M&A Landscape

Morgan Stanley Chief Executive Officer Ted Pick said the dealmaking environment is thriving as companies are in “excellent” health.

“I’m pretty amped up,” Pick said in an interview Wednesday at the World Economic Forum in Davos, Switzerland. The noise in the environment “speaks to a C-suite need to act.”

Pick, who took over as CEO of New York-based Morgan Stanley in early 2024, has been leading the bank through a busy time, with the firm posting record net income last year. The bank has been boosted by its debt-underwriting business, which helped fuel a 47% gain in the firm’s investment-banking ...