Ted Pick (Ted Pig in transcript) - Morgan Stanley Chairman and CEO
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139 appearances
1 recordings
1 series
first heard Jan 2026
last heard 21 Jan
Ted Pick (Ted Pig in transcript) - Morgan Stanley Chairman and CEO’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jan 2026 with 1.
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Well, thanks for having me, guys.
Great to see you.
I'm pretty amped up.
You know, we had several years where the M&A activity was going to get going, and then COVID happened, and then rates roofed, and it's taken a while for it to unglue.
But this kind of, in this case, literal noise speaks to a C-suite need to act, whether it's to reglobalize or reorient where your operations are, who you want to do business with.
And as long as there's activity, we're busy.
So cross-border M&A, large-cap M&A,
going to be important.
AI acts as an accelerant to that too.
If you want to actually get after their productivity gains and embed it in AI, you have to have the wherewithal to do it.
And if your market cap is 30 or 40 billion, that's tough.
How do you take a couple points off your income statement to do that year after year?
But if you're two, 300 billion, maybe you got a shot.
So people are thinking bigger.
And then the sponsors, as you know, a couple thousand companies that have been sitting there that have billion dollar market caps implied, they need to come.
And then very importantly, you have these great companies that have been private.
And over the last 15 years, we've seen companies go public to defuse options or effectively be secondaries.
You may actually see great companies that are growth companies, some of them in the AI ecosystem that want to go tap capital.
So
For the investment bank, a great period.
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