Barclays Pretax Profit Climbs 29% on Fixed-Income Revenue

Barclays Plc, the British bank fined for rigging benchmark interest rates, posted a 29 percent gain in third-quarter pretax profit and said it was the target of two more regulatory investigations.

Pretax profit, excluding provisions and accounting losses from revaluing the bank’s own debt, rose to 1.73 billion pounds ($2.8 billion), the London-based bank said in a statement today, meeting the 1.71 billion-pound median estimate of 13 analysts surveyed by Bloomberg. The shares fell after revenue from fixed income, commodities and currencies, known as FICC, missed analysts’ estimates.