Chancellor George Osborne is warning that capping bankers' bonuses will drive banking business away from the EU, and the UK.
New plans for banks to set aside more money to help small business, will see stricter limits on salaries to increase liquidity.
At a meeting in Brussels today, ministers will consider a provisional proposal pushed last week by MEPs and backed by the European Commission.
More top news
ITV News asked a few of Donald Trump's fans what message his victory in the New Hampshire Republican primary sends to the world.
Absolutely rock-solid? Investors don't think so.
Fans of the hugely-popular Disney film will soon be able to sing-a-long and watch the characters come to life on stage.