(Reuters) -Goldman Sachs is planning to combine three key groups in its global banking and markets unit, the Wall Street Journal reported on Monday, citing people familiar with the matter.
The new unit will be called Capital Solutions Group, and plans for it will be unveiled on Monday, the report said, adding that the Wall Street giant has ambitions to be one of the biggest players in the increasingly competitive world of financing.
It will include the team that provides investment banking services to private equity firms, the global financing group that finds investors to provide capital for deals and a big chunk of what the company calls its fixed income, currencies and commodities financing team, the report said.
The bank did not immediately respond to a Reuters request for comment.
