Yesterday, Citigroup posted its best third-quarter revenue in a decade—yet another sign CEO Jane Fraser’s turnaround keeps paying off. Fraser, the first woman to run a major Wall Street bank and No. 1 on this year’s Most Powerful Women list, appeared virtually at Fortune’s Most Powerful Women Summit on Wednesday to speak about how she plans to sustain that momentum.
“We’re definitely in the more fun part of everything that’s going on. We’ve got a lot of the heavy lifting behind us,” Fraser said in conversation with leadership editor and MPW Summit co-chair Claire Zillman. “Now what I’ve said to the firm is, if we are going to be the best in the businesses we’re in, we have to beat the best.”