Ernst von Freyberg
Vatican bank profits tumble as Pope Francis orders an overhaul
By Josephine McKenna — July 8, 2014
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.
Pope Francis cleans house at the Vatican Bank
By Alessandro Speciale — July 1, 2013
VATICAN CITY (RNS) Two top managers of the Vatican Bank resigned on Monday, just five days after Pope Francis appointed an independent commission to conduct a top-to-bottom review of the scandal-plagued bank.
Vatican Bank downplays scandals but promises reform
By Alessandro Speciale — May 31, 2013
VATICAN CITY (RNS) The head of the scandal-plagued Vatican Bank admitted that it must address its tarnished reputation, even among Catholics, even as he defended the institute’s recent efforts towards financial transparency.
Pope appoints new director of scandal-scarred Vatican Bank
By Alessandro Speciale — February 15, 2013
VATICAN CITY (RNS) Less than two weeks before he retires, Pope Benedict XVI on Friday (Feb. 15) approved the appointment of a German lawyer and financier as the new head of the scandal-plagued Vatican Bank.
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