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Vatican bank shakeup expected as pope mulls reform

Last Updated: Wednesday, July 02, 2014, 03:31

It was this time last year that the top two managers at the Institute for Religious Works were forced out after a Vatican monsignor with millions deposited in the bank was arrested in an alleged money-smuggling plot.

Pope creates new Vatican finance ministry

Last Updated: Monday, February 24, 2014, 19:40

Pope Francis on Monday created a new finance ministry to oversee the Holy See`s economic affairs in a move aimed at increasing transparency and boosting funds for the poor following a wave of scandals at the Vatican bank.

Pope Francis urges Vatican reforms, wants church with modern spirit

Last Updated: Wednesday, October 02, 2013, 09:43

Pope Francis says he doesn`t want a "Vatican-centric" church concerned about itself but a missionary church that reaches out to the poor, the young, the elderly and even to non-believers.

Vatican bank publishes accounts for first time

Last Updated: Tuesday, October 01, 2013, 15:53

The Vatican bank today published its accounts for the first time in a new drive for transparency aimed at overcoming a series of scandals as Pope Francis plans a major overhaul.

Vatican bank launches website in transparency drive

Last Updated: Wednesday, July 31, 2013, 22:18

The Vatican bank launched a website on Wednesday in a drive for greater transparency as it tries to reform following money-laundering accusations against two ex-directors and a deeply intrigue-ridden history.

Vatican bank launches website in transparency drive

Last Updated: Wednesday, July 31, 2013, 21:08

The Vatican bank launched a website in a drive for greater transparency as it tries to reform following money-laundering accusations.

Vatican bank open to money laundering: Inquiry

Last Updated: Saturday, July 06, 2013, 16:45

The bank, officially known as the Institute for Works of Religion (IOR in Italian), did not carry out enough checks on its clients and account holders were allowed to transfer large sums on behalf of others.

Priest arrested in Vatican bank probe: Report

Last Updated: Friday, June 28, 2013, 18:44

A priest has been arrested on suspicion of fraud and corruption in connection with the sweeping probe of the scandal-plagued Vatican bank, Italian media reported on Friday.

Pope names commission of inquiry into Vatican bank

Last Updated: Wednesday, June 26, 2013, 18:53

Pope Francis has named a commission of inquiry to look into the activities of the troubled Vatican bank amid a fresh money-laundering investigation and questions about what exactly goes on inside the secretive institution.

Intrigue mounts over ouster of Vatican bank chief

Last Updated: Sunday, June 10, 2012, 00:10

The board ousted Ettore Gotti Tedeschi on May 24, firing a man handpicked by the pope`s No 2 to help turn around a bank plagued for decades by scandal.

Media has tarnished Vatican`s image: Pope

Last Updated: Thursday, May 31, 2012, 12:33

A Vatican scandal involving leaked secret documents and the arrest of Paolo Gabriele has been exaggerated, Pope Benedict said.

Vatican butler detained in corruption case

Last Updated: Saturday, May 26, 2012, 13:37

Police had detained Paolo Gabriele on suspicion of stealing and leaking private documents belonging to Pope Benedict XVI.