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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Appeal judges are to decide on Thursday whether a woman can use the frozen eggs of her dead daughter to give birth to her grandchild.
The £70 million F-35B jet arrived at RAF Fairford in Gloucestershire, two years after engine trouble postponed its first scheduled visit.
Joseph Thoresen beheaded a man his girlfriend said had sexually assaulted her with a machete and threw his head into the woods, reports say.