Citigroup (NYSE: C) CEO Pandit Expected to Say Citicorp Could Earn $20 Billion By 2012

According to a report from the Financial Times, Citigroup (NYSE:C) CEO Vikram Pandit is expected to say today that the bank could earn as much as $20 billion from its Citicorp by 2012.

Citicorp, which includes the bank's wholesale and retail banking operations, generated a net income of approximately $14.7 billion during FY 2009.