Ask most stock pickers on Wall Street and they will likely agree that the financials are some of the best bets for 2025. The Trump administration is likely to ease regulations on capital requirements for the banks, freeing up more funds for dividends and buybacks. Deal-making could return in force amid the de-regulation backdrop, lifting the lucrative investment banking industry. And markets may stay solid, allowing banks to cash in on trading activity across bonds and stocks. Morgan Stanley CEO Ted Pick says he sees a host of tailwinds for the banking giant this year, but acknowledges there could be a few bumps along the way. He talks on the Opening Bid podcast with Yahoo Finance executive editor Brian Sozzi at the World Economic Forum.

Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.

Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/.

Thoughts? Questions? Fan mail? Email us at [email protected].

00:00-Ted Pick on Opening Bid

00:50-How AI impacts the business of relationships

02:00-Secret sauce for making deals

06:30-Deregulation and margers under Trump

07:45-Investor insights

10:00-Let's talk generational wealth

Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.

Ted Pick is Chairman and Chief Executive Officer of Morgan Stanley. Before becoming CEO in January 2024 and Chairman in January 2025, Mr. Pick served as Morgan Stanley’s Co-President, Co-Head of Firm Strategy and Head of the Institutional Securities Group, overseeing Investment Banking, Equities, Fixed Income, Global Capital Markets and Research.

Learn more about your ad choices. Visit megaphone.fm/adchoices