VATICAN CITY -- A former president of the Vatican bank and his lawyer were found guilty of money laundering and embezzling millions of euros from property sales.

VATICAN CITY -- Australia's financial crime watchdog agency said it over-estimated by the equivalent of more than US$1.5 billion the amount of money transferred from the Vatican to Australia between 2014 and 2020.

VATICAN CITY -- The Institute for the Works of Religion, often referred to as the Vatican bank, made a profit of 38 million euros (about $42.9 million) in 2019, more than twice the profit reported in the previous year, according to its annual report.

VATICAN CITY -- The decade-long process of updating the laws of Vatican City State is part of the Vatican's support for international commitments to protect people and safeguard vulnerable groups, who are "frequently the victims of new, odious forms of illegality," Pope Francis said.

WASHINGTON -- Recent media coverage that points to potential financial misdealing at the Vatican is creating misperceptions about corruption and fails to adequately explain how the fluid world of financial investing works, said the authors of an article published in a University of Notre Dame journal.

VATICAN CITY -- Pope Francis appointed a seasoned Italian finance inspector to lead the Vatican's financial watchdog agency following the resignation of its president.

VATICAN CITY (CNA) -- A confidential report from the Vatican’s anti-corruption authority shows that the Secretariat of State has used about $725 million, most of which came from the pope’s charity fund, in off-books operations.

VATICAN CITY (CNA) -- The recent raid of Vatican offices is connected to an investigation into charges that Vatican money financed the development of luxury properties in London, and led to a windfall for the Vatican’s investment managers, according to an Oct. 14 report from Financial Times.

VATICAN CITY -- Pope Francis has appointed a retired anti-Mafia prosecutor to head the Vatican City State's judicial system.

VATICAN CITY -- The Vatican apparently has suspended five employees after raids on Vatican offices.

VATICAN CITY -- Pope Francis approved new statutes for the Institute for the Works of Religion, often referred to as the Vatican bank, that include structural changes and a mandatory external audit.

VATICAN CITY – The Institute for the Works of Religion, often referred to as the Vatican bank, made a profit of 36 million euros (about $53 million) in 2016, according to its annual report.

VATICAN CITY - The Institute for the Works of Religion, commonly known as the Vatican bank, showed a large jump in profits in 2014 as it continued to winnow its accounts.

VATICAN CITY - The Vatican City prosecutor has opened an investigation into possible embezzlement by two former top officials at the Institute for the Works of Religion, more commonly called the Vatican bank.

VATICAN CITY - One week after publishing highlights of its 2013 financial statement, the Institute for the Works of Religion -- commonly called the Vatican bank -- released a 107-page, detailed financial report for the year.