The Bank of Italy, the ultimate arbiter of Italian banking mergers, has been engulfed by scandal since police wire taps revealed Fazio and his wife advised a local banker in a bid for bank Antonveneta against Dutch bank ABN AMRO.

Choose your answer: based on the paragraph above can we conclude that "A small Italian bank engulfed itself in a scandal"?

OPTIONS:
 *Yes
 *It's impossible to say
 *No
I think the answer is
No