Citibank apologized Thursday evening to a gay social-networking service that claimed bank employees had blocked its account for “objectionable content” on the site. In a statement, the bank said it “sincerely apologizes to [Jason] Goldberg for this misunderstanding. This situation had nothing to do with the content of his web site and any comments by our staff to the contrary were incorrect; we are reviewing what happened.” But questions remain about the bank’s policies; Deal Journal reported last week that a business selling underwear online was denied a Citi account because of the bank’s concerns about content.

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