Industrials, Banks to Drive M&A: Morgan Stanley's Miles

Time now for the Wall Street beat dealmakers. They are raking in billions in M&A, despite lingering fears about trade wars and about geopolitics. Transaction values are up almost a fifth this year, a $2.2% trillion, according to data compiled by Bloomberg.The latest boost to activity comes from almost 100 billion worth of deals announced in the U.S. industrial sector alone. Joining us now at the desk, Tom Miles, global co-head of M&A at Morgan Stanley. And the industrial sector was certainly one that has be ...