(Reuters) -Goldman Sachs is planning to form a latest group that may mix three divisions of its global banking and markets unit, to boost its give attention to financing deals and making loans to corporations, the Wall Street Journal reported on Monday.

The brand new unit shall be called Capital Solutions Group, plans for which shall be unveiled on Monday, the report said, citing sources conversant in the matter.

The Wall Street giant has ambitions to turn into one in every of the largest players within the increasingly competitive world of financing, the report added.

The unit will include the team that gives investment banking services to non-public equity firms, the worldwide financing group that finds investors to supply capital for deals and an enormous chunk of what the corporate calls its fixed income, currency and commodities financing team, the report said.

The bank didn’t immediately reply to a Reuters request for comment.

Goldman shares were marginally lower in premarket trading.

(Reporting by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli)