Goldman Sachs staged its first-ever investor day on Wednesday, pledging to become more transparent as it plows into consumer banking and slashes costs at its once-mighty trading unit.

The famously secretive megabank led by chief executive David Solomon said it’s angling to achieve a 13 percent return on equity within the next three years, up from 10 percent last year when results got bogged down by the 1MDB Malaysian bribery scandal.

Still, that would leave Goldman playing catch-up with rivals including JPMorgan, which has set a medium-term target of 17 percent.

After inviting assembled shareholders to visit something called “The Innovation Cube” located on Goldman’s 11th-floor “Sky Lobby,” Solomon elaborated on plans unveiled earlier this month to scrap Goldman’s controversial black-box “Investing and Lending” business in favor of a more streamlined reporting structure.

The idea, Solomon said, is to provide a stronger foundation to develop consumer products like the much-maligned Marcus savings account and Apple Card credit card, he said.

“If it sounds simple,” Solomon quipped after laying out the plan, “that’s the point.”

Solomon likewise said he’s “laser-focused” on “integrity” after “what happened in Malaysia” — a reference to the 1MDB scandal, which forced the firm to set aside $1.09 billion in the last quarter of 2019 as its seeks to settle allegations that it ignored red flags in arranging $6.5 billion in loans for 1MDB, a development fund that was later looted.

Nevertheless, Solomon continued to signal that the scandal was the work of a handful of rogue employees, rather than a systemic problem that involved higher-ups.

Goldman is “keenly aware of how the actions of a few people can harm our reputation, our brand … and our performance as a firm,” he said.

John Waldron, Goldman’s president and operating chief, said Goldman is not done slashing headcount on its trading floor, which has gotten slammed by the increased popularity of passive index funds and robot-driven trades.

Goldman will bolster the new business lines by lopping $700 million from the global markets budget going forward, Waldron said.

Goldman is also looking to grow its footprint abroad. The bank is in talks with the Chinese government to take 100 percent ownership of its China-based business, Waldron told shareholders.

Goldman is working to place 40 percent of its global staff in offices outside New York City over the next few years. Among those locations, said Waldron, are London, Dallas, Salt Lake City, Bangalore and Warsaw.