VATICAN CITY (RNS) “There are many challenges and much work ahead,” Australian Cardinal George Pell said. “The Holy Father has made it clear these changes should move forward expeditiously.”
Articles tagged “Vatican bank”
VATICAN CITY (RNS) The bank said the slump was due to extraordinary expenses, losses related to externally managed investment funds and fluctuations in the price of gold.
VATICAN CITY (RNS) The Vatican said the pope named four experts from Switzerland, Singapore, the United States and Italy to replace the all-Italian board of the Vatican’s Financial Information Authority.
VATICAN CITY (RNS) The Vatican’s chief spokesman says there’s no criminal investigation targeting former Secretary of State Tarcisio Bertone, but that doesn’t mean an oversight panel isn’t conducting its own examination.
VATICAN CITY (RNS) The numbers, while intriguing, are more notable for the fact that they are being released at all.
VATICAN CITY (RNS) “There is much work ahead, so we can expect it to be done not this year but the next,” said the Vatican’s chief spokesman, the Rev. Federico Lombardi.
VATICAN CITY (RNS) The pope’s statement ended months of speculation about the troubled bank’s future and endorsed a proposal developed by Cardinal George Pell, head of the Vatican’s new Secretariat for the Economy.
VATICAN CITY (RNS) The leader of the new Secretariat for the Economy will have sweeping new powers, the most concrete step Pope Francis has taken to try to reform the church’s scandal-plagued finances.
ROME (RNS) The most high-profile figure sacked on Wednesday was Cardinal Tarcisio Bertone, who was Pope Benedict XVI’s secretary of state and the face of administrative woes of Benedict’s papacy.