Vatican City, Oct 5, 2020 / 04:30 am America/Denver (CNA).
Pope Francis told a group of investment bankers Monday that fair conduct and transparency are essential in the field of finance.
“Christian thought is not contrary in principle to the prospect of profit, rather it is contrary to profit at any cost, to profit which forgets man, makes him a slave, reduces him to one thing among things, a variable of a process that he cannot in any way control or which he cannot oppose in any way,” Pope Francis said Oct. 5.
“Business management always requires fair and clear conduct from everyone, which does not yield to corruption,” he said in the Vatican’s Paul VI Hall.
The pope met with managers and staff of the prominent Italian investment bank, Cassa Depositi e Prestiti (CDP), as the firm celebrates the 170th anniversary of its founding in Turin this year.
In this audience, the pope told the bankers that they have a responsibility to “know how to distinguish good from evil.”