(Reuters) -Goldman Sachs is planning to form a new group that will combine three divisions of its global banking and markets unit, to enhance its focus on financing deals and making loans to corporations, the Wall Street Journal reported on Monday.
The new unit will be called Capital Solutions Group, plans for which will be unveiled on Monday, the report said, citing sources familiar with the matter.
The Wall Street giant has ambitions to become one of the biggest players in the increasingly competitive world of financing, the report added.
The unit 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, currency and commodities financing team, the report said.
The bank did not immediately respond to a Reuters request for comment.
Goldman shares were marginally lower in premarket trading.
(Reporting by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli)