Pruning Season

Illustrations for TIME by Richard Wilkinson

Nissim Tse is ready for a fight. For the past five months, Tse, head of trading in Hong Kong for hedge fund RAB Capital, has been torturing his body in preparation for a charity boxing match against some of the city's other hedge-fund managers. The training is bruising, but Tse is happy to participate. After all, the pounding he takes in the ring isn't as dispiriting as the one he has been enduring at work lately. "Going into the office every day is like walking on land mines," Tse says. "This is going to be the worst crisis in...

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