The Vatican Bank has once again been in the eye of a storm of scandal. It has been accused of money laundering and lack of due diligence in allowing non-religious, ...

The Vatican Bank had holdings of 5.4 billion euros, or $6.1 billion as of 2023. Yet during his pontificate, Francis, the Argentina-born Jorge Mario Bergoglio, ...

The Vatican bank was founded in 1942 by Pope Pius XII to manage assets destined for religious or charitable works. Located in a tower just inside the gates of Vatican City, it also manages the ...

VATICAN CITY (RNS) — Testifying before Vatican judges, Monsignor Mauro Carlino admitted to spying on higher-ups at the Vatican bank.

VATICAN PAYMENT REPORTED. Vatican Bank officials signed an agreement here today to pay $250 million to creditors of Banco Ambrosiano, which collapsed in one of Italy's biggest financial scandals ...

Vatican Bank Recorded a Net Profit of 32.8 Million Euros in 2024, Up 7% From 2023 The report also included information on the profits redistributed to the Pope and to other Holy See budget items.

Why not request ledgers from the Vatican bank itself? Incredibly, for the first 70 years of its existence, records were destroyed every 10 years and the bank operated under the cloak of super secrecy.

The Vatican bank insisted that it had done nothing wrong, but agreed to pay $250 million to Ambrosiano’s creditors. The then-president of the Vatican bank, ...

The Vatican Bank replaced Tedeschi in June 2012 with Ernst von Freyberg, initially to serve as an interim leader, before appointing him as President of the Board of Superintendents in February 2013.

Couple challenging Vatican bank’s ban on workplace marriages invoke pope’s pro-family message Pope Francis delivers the Angelus noon prayer in st. Peter’s Square at the Vatican, Sunday, Jan ...

The former head of the Institute for Works of Religion — a private financial institution commonly referred to as the “Vatican bank” — was convicted by a Vatican court on Thu… ...