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Barclays will pay British regulators more than £72 million for poorly scrutinizing transactions made on behalf of high-value clients in a case that could lead to penalties for the bankers involved. On Thursday, the U.K. Financial Conduct Authority (FCA) said it had levied the regulatory fine-the largest-ever of its kind-after discovering that Barclays employees had intentionally executed investment transactions for "a number of ultrahigh-net-worth politically exposed persons" (PEPs) without proper due-diligence checks. The scrutiny given a £1.9 billion deal fell below standards applied to low-risk clients, the agency said. Barclays sought to further assure the clients, whose transactions were never linked...