Vatican bank
The Vatican financial trial is finally over. What did we learn?
By Thomas Reese — December 19, 2023
(RNS) — The good news is the financial scandals became public and were not covered up by the Vatican as was the practice in the past.
Cardinal Becciu sentenced to 5 and a half years in prison by Vatican tribunal
By Claire Giangravé — December 16, 2023
(RNS) — Vatican judges found 9 of the 10 defendants in the trial guilty, with sentences including prison time and fines.
Vatican financial scandals: Corruption, stupidity or both?
By Thomas Reese — August 1, 2023
(RNS) — A deeply tangled tale must be followed by systemic reform and effective oversight.
Vatican bank reports significant profit adopting Catholic ethics
By Claire Giangravé — June 6, 2023
(RNS) — Once a symbol of financial malfeasance, the Vatican bank has successfully rebranded itself as a pillar of transparency at the Vatican.
In corruption trial, Vatican Bank chief says his office refused to bail out real estate deal
By Junno Arocho Esteves — February 17, 2023
ROME (RNS) — Jean-Baptiste De Franssu testified that the bank denied a loan for a luxury London property due to concerns about the involvement of two men whose names appeared on a database of individuals involved in financial malfeasance.
Vatican bank displays financial decline, moral gains after papal reforms
By Claire Giangravé — June 8, 2022
(RNS) — Despite diminished profits, the Vatican bank appears ready to turn a new page in the wake of years of financial scandals.
Banker says he warned Vatican about London fund investor
By Nicole Winfeld — May 30, 2022
VATICAN CITY (AP) — Enrico Crasso cited a series of emails he sent to Vatican officials expressing concern and perplexity at some of Mincione's investment choices.
Cardinal Pell praises Pope Francis’ curial reform after financial scandals
By Claire Giangravé — April 28, 2022
VATICAN CITY (RNS) — ‘We cannot afford to lose another 500 million though incompetence or corruption in the next 40 years,’ said Cardinal George Pell.
The kingdom and the NGO: Vatican financial trial exposes internal rivalries
By Claire Giangravé — April 7, 2022
VATICAN CITY (RNS) — Testifying before Vatican judges, Monsignor Mauro Carlino admitted to spying on higher-ups at the Vatican bank.
Four things to look for in Francis’ reform of curia
By Thomas Reese — February 9, 2022
(RNS) — As every CEO and government official knows, reforming bureaucracies is not easy.
Indictments for Vatican financial crimes a sign of progress
By Thomas Reese — July 6, 2021
(RNS) — Vatican financial scandals have repeatedly tarnished the image of the church. It is time for the Vatican to get its act together. Ironically, that will mean more bad news as crimes are uncovered and prosecuted.
Vatican indicts cardinal and nine others connected to financial scandal
By Claire Giangravé — July 3, 2021
VATICAN CITY (RNS) — Cardinal Angelo Becciu, who was stripped of his cardinal rights and Vatican titles in September of last year, is being charged with bribery, abuse of office and embezzlement.
Reforming the Vatican Curia: Never easy, and never over
By Thomas Reese — June 2, 2021
(RNS) — Francis’ heart is in the right place, but the forthcoming document on Curia reform will not likely do the job.
Pope Francis’ new decree demands financial transparency from Vatican managers
By Claire Giangravé — April 29, 2021
(RNS) — The new decree would make it more difficult for Vatican personnel to engage in transactions such as the $200 million London real estate deal that caused the downfall of a prominent cardinal.
Italian prosecutors request arrest warrant for Italian financier named in Vatican scandals
By Claire Giangravé — April 12, 2021
VATICAN CITY (RNS) — Torzi’s legal team claimed to be 'perplexed' with Italian prosecutors' request for an arrest warrant, given that the Vatican's similar allegations were 'demolished' by a British judge only last month.
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