Bank of America earnings include a $1.2B penalty; Morgan Stanley wealth management posts record revenue; ASML guides for higher Q4 sales

An October 14 earnings roundup says Bank of America’s reported EPS of $0.91 included a $1.2 billion regulatory penalty, while softer trading contributed to a $30.1 billion revenue miss. Morgan Stanley posted record wealth-management revenue and $232 billion in net new assets, the post says. ASML reported €11.7 billion in Q3 sales and projected €14.2 billion–€15.2 billion in Q4 sales.