Awards for Excellence
Whatever clients need to do, it is a fair bet that Morgan Stanley can help them do it. The firm’s business this year in North America was no exception, and while from a league table perspective it is in M&A advisory that Morgan Stanley truly excels, its innovation and skill in all areas make it our choice for best investment bank in the US. Morgan Stanley likes uncertain markets more than some – it reckons volatile conditions are when it can best show its prowess. Nowhere was this shown better than in the unregistered block trade that the bank executed on behalf of Abbott Laboratories, which wanted to sell 44 million shares of Mylan in what was the second largest unregistered block ever.
Colm Kelleher, president, Morgan Stanley |
The timing was tough, the markets were jittery ahead of a potential House of Representatives vote on the repeal of the Affordable Care Act, but the $1.88 billion monetization was successfully wrapped up by Morgan Stanley in a sole broker-dealer role.