What you need to know on Wall Street today

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September 12, 2017 6:02 PM

Hello. Here's what you need to know on Wall Street today.

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Goldman Sachs has a plan.

The US investment bank, which hasbeen under pressure over its misfiring bond trading business, on Tuesdayset out a strategy to generate an additional $1 billion plus in fixed income, currencies and commodities revenues.

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Schwartz also said "it's still a pretty challenging environment" in fixed income. That means that Wall Street is facing a gloomy reality.

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BLACKSTONE CEO: I got called a Nazi for advising a Trump council, but I'm Jewish

In other finance news, BlackRock, the world's largest asset manager, is reshuffling some of its top execs. Mike Cagney is stepping down as the CEO of SoFi. And Hong Kong is becoming too expensive for bankers.

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Lastly, Business Insider's Ben Zhang flew on Honda's new $4.9 million private jet, and he said it's an absolute game-changer.

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