Vatican Bank
Holy See's finances
The Vatican Bank is the financial institution of the Holy See, officially called the Institute for the Works of Religion.
It manages assets for Catholic religious orders, clergy, and Vatican employees rather than operating as a commercial bank.
The institution has faced periodic scandals involving money laundering allegations and opaque accounting practices: The Vatican Bank has long resisted outside financial oversight.
- Catholic ChurchPope-led Christian denomination
- asset managementStrategic oversight of holdings
- shell companiesLegally registered but inactive businesses
- ethical investmentFinance guided by values
- whistleblowingExposing hidden wrongdoing internally
financial accountability · Holy See · transparency initiatives · humanitarian aid · fraud prevention · deposit accounts · fiduciary duty · financial oversight · religious orders · corporate governance · clergy · papacy · ethical dilemmas · diplomatic relations · dioceses · moral hazard · wealth management · social responsibility
- papacypontiff, Pope, pope, Holy See, papal election
- Catholic controversiesabuse scandal, sexual abuse, pedophilia, cover-ups, coverups
- Vatican Offices
- church financestithes, offerings, donations, giving, pledges
Vatican BankGoldman Sachs
Investment banking powerhouse
JPMorgan Chase · commercial bank · investment bank · Wall Street · hedge fund