A man of standing: Michael Cross, BoE

Michael Cross at the Bank of England

By his own recognition, Michael Cross, head of the foreign exchange division and reserves management at the Bank of England, has been caught squarely in the eye of the storm during the nine years since he first joined the bank’s markets division as chief reserves manager in 2003.

In those nine years, during which Cross also became the first head of the bank’s new market intelligence function – a unit that still falls within his oversight but is now managed separately due to the sheer size of the

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