Morgan Stanley CEO Ted Pick Talks Third Quarter Earnings

Ted Pick, the CEO of Morgan Stanley, shares insights on the bank's robust third-quarter earnings exceeding $15 billion. He discusses strategies to navigate competition in investment banking and emphasizes the importance of client relationships. Pick talks about the anticipated resurgence of mergers and acquisitions, while also addressing investor concerns over upcoming elections. He explores how political climate might impact capital regulations and highlights Morgan Stanley's growth potential in a volatile market landscape.