Lloyds Bank FX senior executive Michael Bourke becomes Managing Partner of America’s Bannockburn Global Forex

After 18 years within senior positions in the interbank FX sector, Michael Bourke has been appointed Managing Partner of Bannockburn Global Forex, a boutique capital markets trading firm specializing in currency advisory and payment services. Established in 2009 by a team of interbank FX executives including founding partners Richard K Jones and Mark R Wendling, […]

Michael Bourke now Managing Partner of Bannockburn Global Forex

After 18 years within senior positions in the interbank FX sector, Michael Bourke has been appointed Managing Partner of Bannockburn Global Forex, a boutique capital markets trading firm specializing in currency advisory and payment services.

Established in 2009 by a team of interbank FX executives including founding partners Richard K Jones and Mark R Wendling, both former FX senior executives at US Bancorp, Bannockburn Global Forex is based in Cincinnati, Ohio.

Mr. Bourke’s appointment as Managing Partner takes the company’s headcount to six, and in keeping with the experience of the firm’s founders, he comes from the interbank division, his last position having been 12 years at Lloyds Banking Group, beginning at the financial giant’s domestic British operations, and latterly moving to its North American division.

020a172
Michael Bourke

Joining Lloyds Banking Group in London in October 2004, Mr. Bourke was Associate Director of Commercial FX Sales, a position he held for 2 years before being promoted to Director of Global Corporate FX Sales in September 2006.

Almost 5 years after this promotion, Mr Bourke was transferred to Lloyds Banking Group’s New York operations, where he assisted the expansion of the FX Sales business for Lloyds Bank’s US Corporate franchise in May 2011.

5 years later, Mr. Bourke has moved on from his position as Senior VP, Global Corporate FX Sales at Lloyds Banking Group in New York to join Bannockburn Global Forex.

Prior to joining Lloyds Banking Group, Mr Bourke was FX Global Markets Specialist in the Corporate and Business Sales division of Commonwealth Bank, based in Sydney, Australia, a post that he held between June 2001 and September 2004.

3 years at Standard Chartered Bank and Bank of Tokyo-Mitsubishi UFJ preceded, Mr. Bourke having joined Standard Chartered Bank in Sydney, Australia in July 1998.

Read this next

Digital Assets

BlackRock digs further into crypto with metaverse ETF

BlackRock, the world’s largest asset manager with almost $10 trillion in AUM, is set to launch a new metaverse ETF to help investors securely monetize on the booming immersive version of the internet.

Digital Assets

Binance wins license in New Zealand as rival Huobi shutters derivatives

Binance, the world’s largest crypto exchange by traded volume, has obtained licenses to operate in New Zealand, even after rival Huobi shutdown derivatives trading last month due to concerns about regulations.

Retail FX

Hong Kong busts perpetrators of ‘ramp and dump’ scam

Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has charged thirteen suspects of market manipulation in a joint operation with the local police.

Institutional FX

TradingView integrates market data from German Tradegate exchange

TradingView announced that it ‎has increased data coverage to allow its users to receive information from ‎and get free access to the intra-day and tick data from Tradegate Exchange.

Retail FX

Spotware Systems introduces Custom Push Notifications for cTrader mobile apps

Spotware Systems, a technology provider for the electronic trading industry, is introducing a new push notification feature to alert mobile users of price swings and market fluctuations through their cTrader app.

Market News

The Week Ahead: 30 September from David Madden, Market Analyst at Equiti Group

Sterling dominated the headlines last week, as there were concerns the UK government might struggle to service its debt.

Inside View

How does the quality of signal providers affect your business?

A must-have onboarding process for brokers with investment services like PAMM, MAM, or copy trading

Technology

DBS deploys Nasdaq Trade Surveillance

“The confidence that markets and our clients have in DBS as a safe and trusted banking group is anchored on our ability to detect and respond to anomalous activity, which in turn calls for a robust surveillance and prevention infrastructure.”

Industry News

SEC charges Justin Costello and David Ferraro for securities fraud and posing as billionaire veteran

The Securities and Exchange Commission charged Cannabis executive Justin Costello and David Ferraro, an associate of Costello’s, for promoting the stock of several microcap companies on social media without disclosing their own simultaneous stock sales as market prices rose.

<