The firms' profit reports this week showed they're increasingly rushing into the booming market for lending to high-net-worth individuals. So far, it's paying off: Morgan Stanley has tripled those loans in the past five years, while Goldman Sachs is expanding overseas.

A definition would give lenders a clearer idea of what practices are off limits; the mutual fund giant will provide the service for institutional clients.

Banks looking to build online-only affiliates to turbocharge deposit-gathering can expect intense competition and heightened regulatory scrutiny.

BofA hasn’t taken advantage of the benefits of owning Merrill Lynch; weakness seen despite stronger bank earnings.

Several female executives accepted leadership roles throughout the industry and in regulatory roles during the past month.

Slower-than-expected lending and "lackluster" trading could be concerns; new CEO David Solomon sets his sights on fixed income.

When Stephanie Cohen earned the chief strategy officer’s job at Goldman Sachs in January, she was told she had a blank sheet of paper. Cohen responded by, among other things, launching an internal incubator for new business ideas.

Spilkin's education in math and programming, uncommon in investment banking, has allowed her to bring a disruptive approach to problem-solving at Goldman Sachs.

Major banks including Goldman Sachs, Bank of America, Credit Suisse and JPMorgan Chase must face allegations that they conspired to prevent the "antiquated" stock loan market from evolving into a transparent electronic exchange.

A new Goldman Sachs initiative called "Launch with GS" aims to make venture capital and private equity investments in startups founded by women, says Stephanie Cohen, the company's chief strategy officer.