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March 5, 2018

Vatican court charges former IOR president with embezzlement

Vatican court charges former IOR president with embezzlement
VATICAN – A former president of the Institute of Religious Works, the so-called “Vatican Bank,” and his lawyer, have been ordered to stand trial at the Vatican on charges of embezzlement and money laundering.
Published in Vatican
May 25, 2016

Vatican bank supervisory members step down over management differences

Two members of the Institute for the Works of Religion, also known as the Vatican bank, stepped down over management differences. The bank's tower is pictured here in a 2009 file photo.

VATICAN CITY – Two members of the Vatican bank's board of supervisors handed in their resignation over a difference in opinion concerning the bank's management.

Published in Vatican
July 8, 2014

Vatican bank, preparing for new leaders, publishes final 2013 figures

The Institute for the Works of Religion, popularly known as the Vatican bank, is seen in a 2009 photo.

VATICAN CITY - Preparing for big changes in its governance and structure, the Institute for the Works of Religion, commonly known as the Vatican bank, published its 2013 financial statement, reporting a nose dive in net profit.

Published in Vatican