File photo of a city worker walking through the City of London
A city worker walks through the City of London, Britain in this December 16, 2014 file photo. A cap on banker bonuses in the European Union has not undermined financial stability or made it harder for lenders to control costs, the bloc's banking watchdog said on March 30, 2016 in a rebuttal of UK arguments against the pay curb. REUTERS/Toby Melville/Files