Morgan Stanley CEO Ted Pick stated that while the firm is exploring potential acquisitions, any deal must meet a high strategic bar. Speaking during a post-earnings call with analysts, Pick emphasized that the Wall Street giant is focused on opportunities that align with its long-term strategy.
Rather than large-scale takeovers, Morgan Stanley is more inclined to pursue smaller acquisitions that enhance its core operations—particularly in wealth and investment management. Pick, who leads one of Wall Street’s top dealmaking firms, made it clear that strategic fit will be the top priority.
The comments come as Morgan Stanley reported second-quarter profits that exceeded analyst expectations, reinforcing the bank’s strong financial footing as it evaluates future growth moves.
