Citigroup says rumors of trading error untrue
Citi had been conducting an investigation into the rumors on Thursday, but said on Friday morning that its investigation had determined that the rumors were false.
"Based on our review, rumors about a trading error by Citi are unfounded. It is troubling that inaccurate and unfounded rumors were spread as far as they were," Citi spokeswoman Shannon Bell said in an email.
(Reporting by Maria Aspan, editing by Gerald E. McCormick)