FIRST AIRED: February 21, 2019

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breaks it has taken a bite out of the bottom line at Barclays the British bank on Thursday reported lower than for cost annual earnings of just over four point five billion dollars it had to set aside around two hundred million dollars to prepare for the costs or breaks it shares in the bank up as much as four percent in early trade the trade is pleased by signs of progress at Barclays struggling investment banking unit profit for that division up fifteen percent in twenty eighteen equities trading seeing income jumped by a quarter that is good news for chief executive Jez study the he's locked in a battle with activist investor ed wood Bram son over what to do about investment banking Branson once the lender to ditch expansion plans for the unit and focus on less risky businesses