Michael Riordan

Partner

Vuca Treasury

+44 (0) 2081673854

About Michael

Michael Riordan is the Regional Head for the South West of England and Wales at Vuca Treasury. Mike has an enviable depth and breadth of financial risk management experience and advises clients across their interest rate, currency, inflation, liquidity and international trade risks.

His banking and treasury career spans 30 years and over this time he has worked with a range of clients from SMEs to Large Corporates, Financial Institutions, Housing Associations, Universities and Colleges. Initially with Midland Bank’s International division, Mike subsequently took on a treasury role at HSBC before being headhunted by Lloyds Bank Financial Markets Division, becoming a founding member of their South West and Wales team in 2004. Michael left Lloyds to join Western Union International Bank in 2018, where he headed up a team of foreign currency and payments specialists.

Despite looking like a cast member of Sons of Anarchy, Mike prefers lycra to leather and can be spotted pounding the hills around Bristol as he prepares for his next ultra-marathon.

Send Michael a Message

    The Team

    Our leadership team has over 100 years of banking experience.

     

    Meet the Team

    Our Insights

    Keep up to date with our whitepapers, blogs and case studies.

     

    Learn More

    Interest rate swap vs interest rate cap

    Over the last decade, interest rate caps were a popular product to protect against rising rates. However, throughout 2022 the premium has risen substantially. Firms are now switching to interest rate swaps (fixed rates). Given the credit risk, the majority of swaps are conducted directly with the lender, leaving no room for price tension. VUCA’s team of ex-bankers can calculate the true cost of a swap. Contact us today or schedule a call back below to find out more

    ECB BOE May 22