Vatican Bank
The Latest
Vatican bank reinstates couple fired for violating prohibition on married employees
The Institute for the Works of Religion (IOR) rehired the couple in a negotiated settlement over a wrongful termination lawsuit... Read more
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. Read more
Vatican Bank recorded a net profit of 32.8 million euros in 2024, up 7% from 2023
As indicated in the annual report published Wednesday by the Holy See Press Office, the net profit of 32.8 million... Read more
A new(ish) statute for the Vatican bank: Here’s what it means
Pope Francis on Tuesday issued a new statute for the so-called Vatican bank, but it closely resembles the regulation approved... Read more
Vatican bank reports $19 million profit in 2021
The IOR’s net profit is down from $44 million in 2020. Read more
Vatican appeal court confirms former IOR officials liable for mismanagement
Paolo Cipriani and Massimo Tulli were ordered to pay around $46 million in compensation. Read more
Vatican bank reports $44 million profit in pandemic year
The Institute for Religious Works is giving 75% of the profits to the pope. Read more
Ex-Vatican bank president given 9-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... Read more
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... Read more
Report: Vatican seeks 8-year jail sentence for ex-Vatican bank president
The Vatican’s Promoter of Justice is seeking an eight-year jail term for a former president of the Institute for Religious... Read more
Vatican bank reports €38 million profit in 2019
The Institute for the Works of Religion (IOR), commonly called the Vatican Bank, said it had made a net profit... Read more
Malta court authorizes seizure of €29 million in Vatican bank assets
A Maltese court has authorized the seizure of assets belonging to the Institute for Works of Religion (IOR), commonly called... Read more
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... Read more
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... Read more
Pope Francis taps Italian bishop to head Vatican treasury
The Vatican announced Tuesday that Pope Francis has accepted the retirement of Cardinal Domenico Calcagno as head of the body... Read more
Embezzlement trial begins for ex-Vatican Bank president
The first hearing in a trial against the former president of the Institute of Religious Works (IOR) – known as... Read more
Vatican court charges former IOR president with embezzlement
A former president of the Institute of Religious Works - the so-called “Vatican Bank” - and his lawyer have been... Read more
Vatican's first General Auditor resigns abruptly
In an unexpected move in the Holy See’s ongoing financial reform, the Vatican announced on Tuesday the resignation of Libero... Read more
Banker under scrutiny after alleged misuse of Vatican financial system
A banker who allegedly used the Vatican Bank and other aspects of Holy See finances to manipulate the market for... Read more
Amid investigation, accounts of former Vatican Bank directors frozen
More than $19.6 million in the accounts of two former managers of the Institute for Religious Works, commonly known as... Read more
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