He learned of "the challenges" fabulis faced.
He apologizes for the "confusion about the status" of the account.
He regrets the "unintended message" that his employees "may have" conveyed.
That's weaselly. I know he has to cover the company's ass, but the fact is that the "challenge" was that one or more citi employees are homophobic shits who should be removed from a position that gives them this sort of authority now that they've demonstrated their lack of good judgment in this area.