NEW YORK, June 10 (Reuters) - The use of artificial

intelligence (AI) could save Morgan Stanley's ( MS ) financial

advisers between 10 and 15 hours a week, the bank's CEO Ted Pick

told investors at a conference on Monday.

"This is potentially really game-changing," Pick said,

adding that the bank's tool to transcribe and enter notes from

client meetings into a database could boost advisers'

productivity.

It could also help advisers fine-tune topics to discuss with

wealthy clients and tailor investment products to their needs,

he said.

Last year, Reuters reported Morgan Stanley ( MS ) was testing a

generative AI chatbot developed with OpenAI.

Pick expects high interest rates in the U.S. to persist,

echoing views from his counterparts Jamie Dimon at JPMorgan

Chase ( JPM ) and David Solomon at Goldman Sachs ( GS ).

"It's good for business - we'll be printing tickets," he

said, by providing trading platforms, making markets or helping

clients hedge their exposures in volatile trading conditions.

The bank plans to increase lending to high net worth clients

through sophisticated products such as structured lending, Pick

said.

"As deposits continue to grow, loans and tailored lending

will grow," he said.

Separately, Pick said Morgan Stanley ( MS ) will maintain its

"sacrosanct" dividend, while noting that stock buybacks would

depend on the share prices. "I'm a dividend guy," he said.

The bank's stock has risen more than 12% in the past year.