Perhaps more than any other, the Vatican Bank should be expected to maintain the highest of moral standards in the way it conducts its business. However, despite its saintly links, the bank that acts ...
The bank, which is privately held and does not manage the Vatican's budget, gave more than 50 million Euros of the increase over to the Vatican for its use, the report states.
Vatican bank, one of the more secretive institutions of the secrecy-obsessed Vatican, opened itself up to a little external scrutiny in a bid to show it is serious about fighting money-laundering ...
VATICAN CITY (Reuters) - The Vatican bank is likely to close all accounts held by foreign embassies, following concerns about large cash deposits and withdrawals by the missions of Iran ...
Despite Pope Francis’ claim that the Catholic Church isn’t rich, the Vatican Bank, the Institute for the Works of Religion, manages billions of dollars in assets, equity, and gold reserves.
World War II also played a huge role in the creation of the Vatican Bank, as well as the unique power it held. As the Allies imposed restrictions on bank accounts, it became harder to move money ...
Gerald Posner discusses his new book "God's Bankers," in which he says the Vatican Bank was founded by a Nazi spy, the same institution helped siphon funds for illicit reasons, and how a “gay ...
including the troubled Vatican bank, known as the Institute for Works of Religion, or IOR. Some of the first leaks early this year were confidential letters from an archbishop to Pope Benedict ...
When the Secretariat later sought financial help from the Vatican's own bank, it sparked concern - and a raid by Vatican police that led to the charges against Becciu, Mincione, and eight others.