Nomura CEO: Will consider M&A opportunities, but the threshold is very high.

Morgan Stanley CEO Peek said that the group will consider merger and acquisition opportunities, but the threshold for mergers and acquisitions will be very high. Peek told analysts at the quarterly earnings conference that Morgan Stanley must evaluate whether the target of the acquisition is in line with the group's development strategy, and smaller competitors that can be more easily integrated with existing operations are more likely acquisition targets. Peek believes that Morgan Stanley will especially consider small businesses in areas such as wealth management and investment management, as the group hopes to quickly expand market share through acquisitions.