Bank of England Governor Mark Carney said that he "absolutely" agreed with the Parliamentary Commission's comments on the EU bonus cap that concluded: "We're not convinced that a crude bonus cap is the right instrument for controlling pay."
He also said that he had "no reason to disagree" with comments from the Independent Commission on Banking (ICB) that capping market share and balance sheet size "would not result in substantial improvements to competition in retail banking in the UK."
More top news
James McClellan, 53, is suing the firm claiming he was branded an 'old buffer' and forced out of his account manager job.
A family's desperate bid to stop a teacher joining Islamic State has been revealed in emotional recordings.
Wednesday unsavoury incident involving Jonny Evans and Papiss Cisse is the latest in a long line of gob-related football controversy