[AAABEST]

People don't like hearing about banks cutting off depositors, regardless if it's their bank or not. That it's the BANK OF ITALY makes matters worse.

The term "ripple effect" comes to mind. So does "loss of faith."

[Old Sarge]

Your prescient ping led me to this thread.

IYO, is BNI large enough to cause such a cascade among Eurobanks?