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WaPo: Pope Francis Shakes Up Vatican Bank

Feb 14th 2014
Greg Iwinski

The Washington Post reports on Pope Francis’ new appointments to the advisers for the Vatican Bank, retaining only one of the previously appointed Cardinals. From WaPo:

In 2012, Ettore Gotti Tedeschi was ousted as bank president after being accused of incompetence.

That same year, U.S. banker JPMorgan closed its accounts with the bank, and Deutsche Bank Italia ended a 15-year relationship, making the Holy See a cash-only state for several months.

[Pope Francis Shakes Up Vatican Bank] – Washington Post

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The Catholic Finance Association

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