Paul Kavanagh from the investment firm Killik and co. said that new plans to cap bankers' bonuses will "create a very uncompetitive environment for many banks."
Speaking to Daybreak he added: "Not all pay is irresponsible pay."
As part of a financial reform package, ministers will consider a provisional proposal pushed last week by MEPs and backed by the European Commission.
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Tottenham Hotspur footballer Kyle Walker said he is "disgusted" after being wrongly linked to an explicit video being shared online.
Tributes have been paid to a young BBC Radio presenter who lost his battle with skin cancer aged just 33.
David Cameron is to put working people "front and centre" of his economic plan our economic plan" if the Conservatives win the election.