A June 13 article, "Charges Against Citibank Put Spotlight on Laundering Rules" (page 13), should have noted that Citibank has not been formally charged with violating any money-laundering laws in connection with the activities of customer Raul Salinas de Gortari. The U.S. Justice Department is investigating the movement by Mr. Salinas of $80 million from Mexico to Switzerland.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.