Home / Politics / How Pope Francis improved a $6 billion Vatican Bank beset by scandals, corruption, and Mafia ties

How Pope Francis improved a $6 billion Vatican Bank beset by scandals, corruption, and Mafia ties

The Vatican Bank has been plagued for years by financial and personnel scandals.

Francis, who died nearly a year ago at age 88, sought to reform the bank and the Holy See (the central government of the Catholic church and Vatican City) soon after he became pope in 2013. Although created in 1942 with the goal of managing funds for… [3739 chars]

Source: Fortune | Published: 2026-04-18T15:21:09Z

Credit: Fortune

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