Morgan Stanley CEO ‘optimistic’ on U.S. economy ahead of Trump return

Morgan Stanley CEO 'optimistic' on U.S. economy ahead of Trump return Morgan Stanley CEO 'optimistic' on U.S. economy ahead of Trump return

NEW YORK — There is “good reason to be optimistic” for the U.S. economy next year, thanks partly to the prospect of deregulation under the “pro-growth” administration of Donald Trump, Morgan Stanley CEO Ted Pick told Nikkei.

Pick, who took over from longtime CEO James Gorman in Janu and is set to succeed him as chairman next month, said the group’s relationship with Japanese partner Mitsubishi UFJ Financial Group will last “forever” even without Gorman, who had close personal ties with its former leadership.