'Material risk takers' will be eligible for awards of up to 10 times their fixed pay

FT story: Prices of stocks and other risky assets plunged on Monday as a sell-off that began last week accelerated, after Friday’s weak US jobs report stoked fears of a recession in the world’s biggest economy. US central bank needs ‘supersized’ 50bps rate cut in Sept or risk recession.

FT story: Hedge fund tells clients many supposed applications of the technology are ‘never going to actually work’

FT story: Office politics is not optional: learn to play the game or you’ll be its victim