
Morgan Stanley has signaled it is making a deeper commitment to agentic AI. CEO Ted Pick called the technology "our friend" during the bank's earnings call earlier today and said the firm is at an important moment in its in-house use of agentic tools.
"We are beginning to evolve from pure efficiency exercises, where you have effectively replaced what might have been a call center or an operational function to automate routine tasks like moving money, to something that, over time, becomes a