Vatican bank reports significant profit adopting Catholic ethics

Vatican bank reports significant profit adopting Catholic ethics

According to a June 6, 2023, article by Religion News Service, the Vatican bank—once a symbol of financial malfeasance—has successfully rebranded itself as a pillar of transparency at the Vatican. The late Cardinal Pell of Australia, at the behest of Pope Francis, played a major role in radically transforming the Vatican bank policies and practices.…