Donnie Block, Amadei Gianini, and Anthony Rothschild were simultaneously operating in Washington, and even if they tried to keep things confidential, it was inevitable that the news would spread.
Although it was not reported in the papers, those who needed to know, knew.
In such circumstances, the most well-informed Wall Street was the first to react.
Prior to this, due to previous news, there was a cliff-like drop in the stock prices of the two listed banks under Italian Bank, caused by massive selling of Italian Bank stocks.
It can be said that prior to this, everyone believed Italian Bank was bound to be dismantled, so everyone aimed to minimize their losses.
Especially later, when Amadei Gianini officially responded to the New York Federal Reserve, preparing to formally exit Italian Bank, as the founder of Italian Bank, his departure dealt a heavy blow to Italian Bank's stock price.
But now, the situation might be a bit different.