Citi's 'living will' flaws manageable but distracting, J.P.Morgan says

- The problems with Citigroup's so-called living will, which details how it would be unwound in the event of bankruptcy, are manageable but could be bothersome for its executives, according to J.P.Morgan.

"We expect this will require more work by lawyers, consultants, and management and add to the expense base but we expect the impact should be manageable," J.P.Morgan said. Citi declined to comment, and reiterated its statement from last week where it said it was fully committed to addressing the issues identified by regulators.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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