"These kinds of restrictions could seriously damage the U.K. financial services industry. It's the derivatives traders who see this first hand and, from the bank side, you may well find changes in the CDS price on U.K. because of it."

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"These kinds of restrictions could seriously damage the U.K. financial services industry. It's the derivatives traders who see this first hand and, from the bank side, you may well find changes in the CDS price on U.K. because of it."

--Matthew Maxwell, credit analyst at Société Générale in London, on the possible impact of Britain's new 50% tax on bank bonuses.

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