Citigroup (C -1.1%) CEO Vikram Pandit says he had hoped to be able to return cash to...

|By:, SA News Editor

Citigroup (C -1.1%) CEO Vikram Pandit says he had hoped to be able to return cash to shareholders next year, but expects to be able to return significant amounts in 2013. Answering criticism for failing to cut more expenses like BAC and GS, Pandit says the bank will disclose more on its cost structure in Q3 earnings, and likely will give more guidance on expenses.