From Yahoo Finance: 2025-06-10 15:49:00

Moelis’ incoming CEO, Navid Mahmoodzadegan, expresses optimism about the dealmaking environment at the Morgan Stanley U.S. Financials Conference, following a pause triggered by U.S. tariff threats in April. Investor sentiment soured, but appetite for deals has returned, with signs of a pickup in M&A activity and initial public offerings.

Ken Moelis steps down as CEO of Moelis, handing the reins to Mahmoodzadegan, marking a major step for the investment bank. Succession at firms tied to founding CEOs can be challenging, but this move is seen as part of the natural evolution of the firm, allowing for more responsibility for the next generation of bankers.

The bank’s deal pipeline is currently up, reaching levels close to its peak, according to the CEO-designate. Morgan Stanley’s CEO also anticipates a strong quarter end as dealmaking and equity capital markets activity increase. Executives at NYSE and Nasdaq report growing momentum in the IPO market, despite the shifting tariff policy.



Read more at Yahoo Finance: Moelis CEO-designate joins Wall Street in signaling dealmaking rebound after tariff pause