Reported 2 days ago
Morgan Stanley co-president Dan Simkowitz announced at a banking conference that there is a 'dramatic improvement' in the deals outlook, with companies gaining confidence in responding to U.S. deregulation and tax policy changes. After three years of low activity, a backlog of deals is anticipated, creating opportunities for transactions in the coming years. Simkowitz also noted that the reopening of the IPO market and potential acquisitions in wealth management could further contribute to growth.
Source: YAHOO