Finance

Since virtually all business decisions have a financial dimension, an understanding of the financial implications of a decision is crucial for effective management. Our program, ranked No. 11 in the country by College Factual, helps Finance students develop a problem-solving, decision analysis framework centered around value creation and serving the consumer.

Faculty

Nigro, Peter

Peter Joseph Nigro

Endowed Chair,
Faculty Suite J, Room 135
pnigro@bryant.edu


Peter Nigro has a few teaching principals – no lectures, no textbooks, no raising of hands. “In my class,” he said, “we use the Wall Street Journal and it’s a dialogue. I am known as a hard teacher. You come to class prepared.”

Nigro was trained as a labor economist and got into banking by luck. Working in Washington, D.C. at the Office of the Comptroller of the Currency – a bureau of the U.S. Department of the Treasury that is responsible for regulating all national banks – Nigro became interested in credit risk and fair lending issues.

He was fascinated by how borrowers and lenders get together, and how banks view borrowers as an investment. An intellectual omnivore, Nigro is also interested in the future of community banks, the inner workings of credit scoring models, and the mortgage underwriting process.

Nigro’s work is influential – former Federal Reserve Chairman Ben Bernanke sat in the front row at one presentation. His consulting practice is vibrant, with several start-up companies, as well as the New York Attorney General’s Office, as clients.

“I enjoy consulting,” he said. “But even more, I enjoy teaching and seeing former students coming back to campus – and learning from them.”

Commercial Banking, Financial Markets and Institutions

Commercial Banking, Asset Backed Securities, Financial Institutions, Fair Lending and Mutual Funds, Mortgage Finance, Credit Scoring/Credit Risk Modeling, Small Firm Finance

  • American Finance Association
  • American Real Estate and Urban Economics Association
  • Beta Gamma Sigma
  • Eastern Finance Association
  • Financial Management Association
  • Omicron Delta Kappa
  • OCC Special Awards, 1996, 1997, 1998, 2000, 2002, 2003.
  • 2015, 12th Man Award
  • 2014, ODK
  • 2012, Beta Gamma Sigma
  • 2010, Distinguished Faculty Award
  • 2007, Favorite Professors in Undergraduate Education
  • 2006, Bryant University Research Award
  • 1994, Best Paper, Sixth Annual International Small Firm Research Symposium
  • 1992, Boston College Dissertation Fellowship
  • 1986, Freeman J. Saltus Prize, Best Economics Paper
  • 1986, John Haynes Fellowship

DeYoung, R., Frame, W. S., Glennon, D., Nigro, P., The information revolution and small business lending: the missing evidence, Journal of Financial Services Research, 2011.

Glennon, D., Nigro, P., Evaluating the performance of static versus dynamic models of credit default, ,” lead article, Journal of Credit Risk, 2011.

Santos, J. A., Nigro, P., Is the secondary loan market valuable to borrowers?, The Quarterly Review of Economics and Finance, 2009.

DeYoung, R., Frame, W. S., Glennon, D., McMillen, D. P., Nigro, P., Commercial lending distance and historically underserved areas, Journal of Economics and Business, 2008.

DeYoung, R., Glennon, D., Nigro, P., Borrower–lender distance, credit scoring, and loan performance: Evidence from informational-opaque small business borrowers, Journal of Financial Intermediation, 2008.

DeYoung, R., Glennon, D., Nigro, P., Borrower-lender distance, credit scoring, and the performance of small business loans, FDIC Center for Financial Research Working Paper, 2006.

DeYoung, R., Glennon, D., Nigro, P., Borrower-lender distance, credit scoring, and the performance of small business loans, FDIC Center for Financial Research Working Paper, 2005.

Glennon, D., Nigro, P., An analysis of SBA loan defaults by maturity structure, Journal of Financial Services Research, 2005.

Glennon, D., Nigro, P., Measuring the default risk of small business loans: A survival analysis approach, Journal of Money, Credit and Banking, 2005.

Jones, J. D., Lang, W. W., Nigro, P., Agent bank behavior in bank loan syndications, Journal of Financial Research, 2005.

Harvey, K. D., Nigro, P., Do predatory lending laws influence mortgage lending? an analysis of the North Carolina predatory lending law, The Journal of Real Estate Finance and Economics, 2004.

Harvey, K., Nigro, P., How do predatory lending laws influence mortgage lending in urban areas? A tale of two cities, Journal of Real Estate Research, 2003.

Collins, M., Harvey, K., Nigro, P., The Influence of Bureau Scores, Customized Scores and Judgmental Review on the Bank Underwriting Decision-Making Process, Journal of Real Estate Research, 2002.

Alexander, G. J., Jones, J. D., Nigro, P., Does mutual fund disclosure at banks matter? Evidence from a survey of investors, The Quarterly Review of Economics and Finance, 2001.

Harvey, K. D., Collins, M., Robinson, B., Nigro, P., Disparities in mortgage lending, bank performance, economic influence, and regulatory oversight, The Journal of Real Estate Finance and Economics, 2001.

Jones, J., Lang, W. W., Nigro, P., Recent trends in bank loan syndications: Evidence for 1995 to 1999, US Office of the Comptroller of the Currency, 2000.

Alexander, G. J., Jones, J. D., Nigro, P., Mutual fund shareholders: Characteristics, investor knowledge, and sources of information, Financial Services Review, 1998.

Alexander, G. J., Jones, J. D., Nigro, P., Investor self-selection: evidence from a mutual fund survey, Managerial and Decision Economics, 1997.

Alexander, G. J., Jones, J. D., Nigro, P., Mutual fund investing through employer-sponsored pension plans: investor knowledge and policy implications, Managerial Finance, 1997.

Jacques, K., Nigro, P., Risk-based capital, portfolio risk, and bank capital: A simultaneous equations approach, Journal of Economics and Business, 1997.

Beshouri, C. P., Nigro, P., Securitization of small business loans, The Journal of Entrepreneurial Finance, 1995.