SFNet continues to assess the effects of the SVB fallout and will provide relevant information and resources as events unfold. 

To support American businesses and households, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors. This action will bolster the capacity of the banking system to safeguard deposits and ensure the ongoing provision of money and credit to the economy.

After two years’ of virtual celebrations, SFNet is happy to announce that its 40 Under 40 Awards 2022 are back in person this year on June 16, 2022, at The Plaza Hotel in New York City. The evening will offer great networking opportunities while honoring the secured finance industry’s rising stars.

Nominations for the 2022 40U40 Awards are open until today, February 8, 2022. The SFNet 40 Under 40 Award Committee Chair will again be Stewart-Hayes, managing director, Wells Fargo Capital Finance. The judging Committee also consists of Betty Hernandez, EVP & chief credit officer, SLR Business Credit; David B. Kurzweil, co-chair, Global Restructuring & Bankruptcy Chair National Financial Institutions, Greenberg Traurig, LLP; Hamid R. Namazie, partner, McGuireWoods LLP; Candice Hubert, SVP, Business Development, Republic Business Credit; Paula Currie, SVP, internal controls director, PNC Business Credit; and Caitlin Sanders, managing director, Origination, Callodine Commercial Finance.  This will be the first year as judges for Currie and Sanders. 

Here's what you'll need to know if you're thinking of nominating someone.