From Yahoo Finance: 2025-06-10 12:41:00

Morgan Stanley CEO Ted Pick is optimistic about a strong quarter end after U.S. tariff announcements paused activity in April. The bank led IPOs for Chime, Hinge Health, and MNTN, raising millions. Pick mentioned deals paused through April, but have become more active recently. Morgan Stanley reported record equity trading revenue in the first quarter. Former Chairman and CEO James Gorman left the bank, making way for Pick. Morgan Stanley began laying off employees to improve efficiency, following Wall Street trends.



Read more at Yahoo Finance: Morgan Stanley CEO ‘super pumped’ as deal pipelines stay resilient