NEW YORK, (Reuters) –Goldman Sachs announced Thursday that it has increased its profitability target and established new goals for asset management and transaction banking. It also laid out its plan for the next three-years.

Wall Street’s most prestigious investment bank, the Wall Street Bank is currently undergoing a reorganization after a difficult decade in which profits at core trading business were impacted by stricter regulations following the financial crisis of 2007-09.

David Solomon, the chief executive of the bank, pointed out the achievements made in the last two year and stated the bank would continue building on them over the next 3 years, in spite inflation and anticipated slowdowns in trading activity and investment banking.

Solomon presented at the conference, “We think we have the right strategy in place to enable us serve clients and drive returns while unlocking significant value for our shareholders.” Credit Suisse Financial Services Forum, Florida.

It stated that it expected to achieve a return of tangible equity (RoTE), between 15-17% in the next three-years, compared with 14% for its mid-term guidance. The bank expects to see a return of equity between 14-16% and 13%, as opposed with the previous guidance of 14%.

Reiterating its 60% efficiency goal, the bank effectively states that it operates at 40% of operating margin.

Goldman set new deposits goals for consumer and transaction banking.

According to the company, transaction banking deposits will reach more than $100 Billion by 2024 as compared with $54B last year. The expected growth in consumer banking deposits is more than 150 billion, compared to $110 billion last.