Bankers main lobby Global Regulators and Britain to help maintain competition

The group - headed by Marcus Agius, chairman of Barclays, John Varley, Barclays chief executive outgoing, and Sir Philip Hampton, chairman of Royal Bank of Scotland - the world's leading financial regulator is lobbying a solution to reach not crippling British banks against their international counterparts.

They want regulators to define and agree on an international level bonus at the end disparities persist in the approach to financial services compensation.

Lobby is a recognition that British banks have suggested that as much progress as we can about them as individuals and now need to collectively take action to make change happen. Schedules for the end of the year when premiums are set, the key is that people are fearful public reaction to avoid, is likely to be caused when the new year pay levels are published.

The trio is known that on a number of conversations with George Osborne, the chancellor, on the subject, as well as senior advisors to the Treasury, and also spoke to Hector Sants, chief executive of the Financial Services Authority. Each of these men are in Washington this weekend, lobbying on the sidelines of the meeting of the International Monetary Fund, and is probably re-raise the situation of Mr. Osborne.

Mr. Osborne threatened banks this weekend with a new bonus tax, a move as "useless" was described by a person with knowledge of the objectives of the three men.

Even if no viable solution is not reached, the objective is some form of international treaty that would ensure that banks and bankers from the United Kingdom is unfairly penalized for not providing.

At the same time, it will highlight all the different international rules that determine which part of the bankers' pay can be paid in cash.

The final push came as the Committee of European Banking Supervisors unveiled rules that bankers would mean the UK could only receive 10pc of their annual contributions to accounting and tax deferrals.

A senior banking source said: "Europe is moving forward with its proposal, the United Kingdom go his own way, and the United States does not seem to care much quite a bit of a mess .."

Men are under the auspices of the Association of British bankers, including Mr. Agius is the current president. It is understood as a consensus among the banks in the UK who have something to change the compensation, even though we know that a number of major U.S. investment banks with operations in London, any kind of a trip to resist. One major concern is the impact of the status quo can have on retention and recruitment in the industry.

A number of investment banks to the Sunday Telegraph that it is very difficult to recruit bankers from the U.S. or Asia in positions in London, but moving them inundated with requests to stop

New push some sort of conclusion of the compensation line is reached just days after Mr Agius held a forum of bankers at the Mansion House in a poor public perception of the industry.

All parties have refused or did not comment.

And Deutsche Bank CEO Josef Ackermann said regulators should not increase bank rules themselves without international consensus. Speaking at the annual meeting of the International Institute of Finance, Mr. Ackerman, chairman, said: "It undermines the process and boost the cost of regulatory reform."

Mr. Ackerman said the new Basel rules for banks to double their capital base was "demanding" and it was "vital" industries need time to implement changes that they have no influence on banks' ability to extend credit.