Barclays Plc (BARC.L) revealed a new regulatory probe and more U.S. lawsuits on Friday, making it harder for the British lender to repair the damage to its reputation caused by its role in the interest rate-rigging scandal shaking banks.
Despite these latest blows, Barclays beat forecasts with a profit of more than 4 billion pounds ($6.3 billion) in the first six months of the year. The bank said its performance during July was ahead of last year and there has been no exodus of clients.
Barclays shares were up 4.8 percent to 161 pence by 05.59 a.m. EDT, outperforming a 0.2 percent fall by the European bank index .SX7P.
The bank said on Friday that Britain’s financial regulator has started an investigation involving the bank and four current and former senior employees, including finance director Chris Lucas.
Read More: Reuters