Reported 4 months ago
Morgan Stanley anticipates that mergers, acquisitions, and initial public offerings will continue to lag behind trends until the end of 2024. Co-president Dan Simkowitz indicated that the market may see increased activity next year as central banks lower interest rates, which could pressure private equity firms to resume deal-making. The bank also expects modest declines in net interest income for the third quarter, while emphasizing growth potential in private markets.
Source: YAHOO