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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Temperatures will remain close to freezing.
The prime minister's announcement came as international leaders gather in Paris on the second anniversary of the climate change plan.
Prime Minister Theresa May said in October the Government will shift towards an organ donation system in England which presumes consent.