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Vatican Bank
Pope Leo XIV Introduces Significant Reform to Holy See’s Investments
Last week, Pope Leo XIV introduced a significant reform to the financial architecture of the Holy See.
Vatican Bank Recorded Net Profit of 32.8 Million Euros in 2024, Representing 7 Percent Increase from 2023
As indicated in the annual report published Wednesday by the Holy See Press Office, the net profit of 32.8 million euros represents a 7% increase compared with 2023.
Ex-Vatican Bank President Given Nine-year Prison Sentence for Money-laundering
The former president of the institute commonly known as the “Vatican bank” has been given a sentence of eight years and 11 months in prison by the Vatican court.
Vatican Court Due to Hold Sentence Hearing for ex-Vatican Bank President
The Vatican court is due to hold a sentence hearing next week in a criminal trial against the former president of the Institute for Religious Works.
After Vatican raid, 5 officials and employees suspended
An Italian news magazine has reported that five Vatican employees have been suspended following an Oct. 1 raid of offices within the Vatican’s Secretariat of State.
Vatican Prosecutors Conduct Raid on Secretariat of State Offices
Vatican prosecutors seized documents and electronic devices in a raid executed Tuesday at the offices of the most senior curial department.
