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PRINT Jean-Baptiste de Franssu

New president of the Institute of Religious Works, or IOR, Jean-Baptiste de Franssu, looks at reporters during a press conference in the Vatican's press room Wednesday, July 9, 2014. The Vatican has chosen a French financier as the new president of its bank, which is overhauling operations after a series of financial scandals. It also announced more operational reforms, including creation of an assets fund managed by outsiders to fund the Catholic church’s worldwide mission. (AP Photo/Alessandra Tarantino)

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