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The Vatican Bank Is Back From the Dead

HOLY ROLLERS

After accusations of money laundering and corruption, Pope Francis was ready to close the institution. So why is he giving it a second chance?

articles/2014/04/09/the-vatican-bank-is-back-from-the-dead/140408-vatican-bank-nadeau-tease_pnhoyf
The Daily Beast

VATICAN CITY—The Vatican bank, which says it’s not really a bank despite offering many services normally associated with banking has been given a reprieve from Pope Francis who has decided to reform the financial institution so it can “serve with prudence”, rather than closing it down as many thought he...

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