"The East London Employment Tribunal ruled that I was unfairly dismissed from my role," Hoodless said by e-mail. "I will not be making any further comments at this stage…."
“Citi stands by its decision to dismiss Mr. Hoodless," Citigroup said in a statement. "While we are disappointed by the employment tribunal’s decision, individual accountability is important to us and for that reason we defended the case in the tribunal. We expect our employees to adhere to the highest ethical standards and will not tolerate breaches of our code of conduct."