Reuters – Goldman Sachs Group Inc said several partners must cover margin calls triggered by the depressed value of Goldman stock and many of the firm’s hedge funds, but the bank denied it is lending money to its executives.

"Partners can, and many do, have margin accounts at the firm," Goldman spokesman Lucas van Praag told Reuters on Wednesday. "To the extent that a margin call is triggered, they, just like anyone else, will receive a margin call. If the call isn’t met, the firm will sell stock to cover the shortfall."

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JP Morgan Chase & Co and Citadel Investment Group resumed trading with each other on Friday, one day after the bank had cut off the hedge fund over a hiring dispute, a person familiar with the matter said.

"The dispute has been resolved," a person familiar with the hedge fund said on Friday.

Citadel’s officials could not be reached for comment at the office.

Citadel, one of the world’s largest hedge fund firms with roughly $20 billion in assets, clashed with JP Morgan because it had hired a string of executives from America’s second largest bank this year, people familiar with the matter said.

They said JP Morgan told employees to stop trading stocks, bonds and currencies with Citadel on Thursday morning, essentially prohibiting anyone from buying or selling with the hedge fund.

By Friday, the differences had been resolved and business was back to normal, the person said.

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