(Reuters) -Goldman Sachs is planning to mix three key teams in its world banking and markets unit, the Wall Road Journal reported on Monday, citing folks conversant in the matter.
The brand new unit will likely be known as Capital Options Group, and plans for it is going to be unveiled on Monday, the report mentioned, including that the Wall Road big has ambitions to be one of many greatest gamers within the more and more aggressive world of financing.
It’ll embody the group that gives funding banking providers to non-public fairness companies, the worldwide financing group that finds traders to supply capital for offers and an enormous chunk of what the corporate calls its mounted earnings, currencies and commodities financing group, the report mentioned.
The financial institution didn’t instantly reply to a Reuters request for remark.
(Reporting by Niket Nishant in Bengaluru; Modifying by Shinjini Ganguli)