Customer confidence is almost like the stock market – on a daily basis, we wonder whether it’s up or down. BankAtlantic of Florida sued an analyst for defamation after he named the $6 billion institution on his list of “Who Is Next?” The bank claims the analyst mistakenly reviewed the finances of its two holding companies, BankAtlantic Bancorp Inc. and BFC Financial Corp. Not sure that someone else’s bad news is a good way to frame your own good news, but the story did come up high in the search.”]
Source: https://www.bankinfosecurity.com/blogs/confidence-key-word-in-wake-bank-closings-p-59