July 16 (Reuters) - Morgan Stanley CEO Ted Pick said the bank is evaluating acquisitions, speaking on a post-earnings conference call with analysts on Wednesday.
The investment bank is setting a high bar for big purchases, and would be more likely to buy smaller businesses that tuck into its existing businesses, Pick said.
"There are inorganic opportunities that come by along... we are looking at them, of course, but the bar is super high. We have a record of integration," he said.
(Reporting by Lananh Nguyen and Tatiana Bautzer in New York and Manya Saini in Bengaluru)
((Manya.Saini@thomsonreuters.com; X: manya__saini;))
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