meta_pixel
Tapesearch Logo
Log in
MarketFoolery

Expect More Bank Deals

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 11 February 2019

⏱️ 13 minutes

🧾️ Download transcript

Summary

Morgan Stanley buys Solium Capital for $900 million. Abi Malin analyzes why the deal makes sense for Morgan Stanley and shares why investors should expect more deals in the banking industry. Plus we look at the latest results from Restaurant Brands International and dip into the Fool Mailbag.

To join our live Q&A on February 13th, subscribe to our YouTube channel with one click of a button at www.YouTube.com/TheMotleyFool.

Thanks Audible! Get Power Moves by Adam Grant for free when you sign up for a free Audible trial at Audible.com/FoolPower or text “foolpower” to 500 500.

Transcript

Click on a timestamp to play from that location

0:00.0

Thanks to Audible and the new Audible Original Power Moves for supporting this episode of

0:04.6

Market Foolery. Power Moves by Adam Grant is available and you can get it for free when you sign up for a free

0:10.4

audible trial at audible.com slash fool power or text the word

0:15.6

fool power to 500 500. It's Monday February 11th. Welcome to Market Foolry.

0:23.0

I'm Chris Hill.

0:24.0

Joining me in studio on a rainy Monday is Abby Mallin.

0:28.0

Thanks for being here.

0:29.0

Thanks for having me. We're going to dip it in the full mail bag.

0:31.0

We're going to talk restaurant stocks we're going to start

0:33.9

with the deal of the day.

0:36.7

Morgan Stanley is buying Solium Capital for 900 million dollars, Solium Capital based in Alberta, Canada, prepares stock plans for

0:46.4

startup companies and shares of Solium are up 42% today. So good for those folks.

0:52.3

Morgan Stanley, it's their biggest deal. 42% today. So good for those folks.

0:53.2

Morgan Stanley, it's their biggest deal since the financial crisis.

0:56.6

First, do you like this deal?

0:58.6

Yeah, I think it's an interesting deal for three reasons. The first is that, so as you mentioned, Solium Capital is a Canadian company and they provide stock plans for startups. So I think there's really three big takeaways from this. The first is that

1:13.8

Solium provides predictability to Morgan Stanley earnings. So wealth

1:18.0

management is a subscription division model for Morgan Stanley. This is sort of an easy plug-in for them. There's cross-selling

1:24.8

opportunities. Also, there's, you know, down the line, there could be retirement planning

1:30.2

opportunities for these clients. So a lot of opportunity just from the get-go with this sort of acquisition.

1:38.0

But then the second thing that I think is interesting is a while ago, or I guess starting in the beginning of last year we really

1:44.8

saw a lot of predicted mergers and acquisitions in the banking sector and we're just now

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.