Posts Tagged with “banking”

Finance professor examines performance of static vs. dynamic models of credit default

July 15th, 2011

Nigro

In "Evaluating the performance of static versus dynamic models of credit default: Evidence from long-term Small Business Administration-guaranteed loans," a research paper published in the Journal of Credit Risk, finance Prof. Peter Nigro and his collaborator, Dennis Glennon of the Office of the Comptroller of the Currency, focus on the assumption that the probability of default is constant over the full performance horizon.

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Despite stagnant population, bank branches bloom in Rhode Island

March 28th, 2011

Professor of Finance Peter Nigro takes a look at the national boom in construction of bank branches. He tells the Providence Business News that changes in the interstate banking regulations in the 1990s fueled the boom. "I think we've over-branched, and we're going to see a lot of these banks start to close down brick-and-mortar branches," he says.

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Fannie, Freddie on borrowed time?

March 7th, 2011

Steps that would shift the home mortgage business to the private market, as outlined in a federal report issued in February, could "increase the cost of home ownership," Professor of Finance Peter Nigro tells the Providence Business News. He added that banks may find themselves "going back to the future" with how they handle loans.

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TD Bank ready to be new kid on block

October 10th, 2010

TD Bank, which brands itself as America's most convenient, will be opening branches in Rhode Island. Keith Murray, professor of marketing, tells the Providence Journal that the bank's customer-friendly image may play well in the state's tight banking market.

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Overdraft protection is up to customer

June 14th, 2010

In an article about new rules regarding overdraft protection, Finance Professor Peter Nigro tells the Providence Business News that he expects banks to "do anything to encourage customers to sign up" for such protection. He added that "the absence of overdraft protection could force people to learn the importance of budgeting and living within their means."

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Financial reform: Will the next crisis be handled differently?

May 21st, 2010

Professor of Finance Peter Nigro offers the Christian Science Monitor his perspective on the financial reform debate taking place in Congress. This article appeared in newspapers and on news websites across the country.

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Citizens, other banks vie for community appeal

May 16th, 2010

Providence-based Citizens Financial is attempting to reposition its brand with a new marketing campaign. Keith Murray, professor of marketing, offers the Providence Business News some reasons behind such efforts. "The public is dismayed by what they believe the financial community has been up to," he said. "To the degree one can move the needle in favor of being different from that pack, that's exactly what you want to do."

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Will financial reform end big-bank bailouts?

May 11th, 2010

Lawmakers are pledging to end bailouts in the financial reform bill that the Senate is considering now. But many experts, including Bryant finance Professor Peter Nigro, tell the Christian Science Monitor that bank bailouts can and will occur again.

Finance professor offers his perspective on Move Your Money initiative

April 12th, 2010

In a Providence Business News article headlined "Move Your Money urges switch to community banks," Professor of Finance Peter Nigro calls the Move Your Money initiative "a great marketing ploy," but notes that the differences between community banks and the larger ones "aren't as great as one would think."

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Why the country needs narrow banking

February 24th, 2010

In a guest commentary written for the Woonsocket Call, Bryant University senior William Swann, a finance and economics major, says that a return to narrow banking would offer the country "a foundation for financial stability." "Although narrow banking sounds restrictive, it is more in line with free markets than any suggestions on the table," he says.

This commentary also appeared in the Johnston (RI) Sun Rise.