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Gold holds steady on mixed economic signals | Watchdog flags contract and revenue mismanagement by agencies | Citi shares drop as Fraser plans deeper cuts | Non-tech stocks set for Q2 profit surge Morgan Stanley | Korean stocks trade at cheapest ever | Kenya’s Final Say Over Safaricom’s Global Expansion Strategy (2026 Guide) | Gold holds steady on mixed economic signals | Watchdog flags contract and revenue mismanagement by agencies | Citi shares drop as Fraser plans deeper cuts | Non-tech stocks set for Q2 profit surge Morgan Stanley | Korean stocks trade at cheapest ever | Kenya’s Final Say Over Safaricom’s Global Expansion Strategy (2026 Guide)

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Citi shares drop as Fraser plans deeper cuts

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Citi shares drop as Fraser plans deeper cuts

Citi shares drop over 5% as CEO Fraser plans deeper job cuts and tech investments, raising costs and unsettling investors despite strong Q2 earnings.

Lauren Campbell 15/07/2026 3 min read