George Pell

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Pope Francis  with Argentina’s President Cristina Fernandez de Kirchner during an   audience at the Vatican today. Photograph: Tony Gentile/Reuters

In what looks suspiciously like a pre-Synod manoeuvre, Pope Francis this weekend has twice indicated he wants the Catholic Church to seriously reasses(...)

Jean-Baptiste de Franssu, the new president of the Institute for Religious Works, or Vatican Bank, during a press conference in Rome yesterday. Photograph: EPA/Angelo Carconi

It was halfway through yesterday’s presentation of the New Economic Framework For The Holy See when the packed hall of journalists began to laugh. (...)

French financier Jean-Baptiste de Franssu (left), new president of the Institute for Religious Works (IOR) or Vatican Bank, with predecessor Ernst von Freyberg (right), during a press conference after Holy See economy prefect Cardinal George Pell announced his appointment today. Photograph: Angelo Carconi/EPA

The Vatican said today it would separate its bank’s investment business from its Church payments work to try to clean up after years of scandal, and v(...)

Institute of Religious Works president Ernst von Freyburg (above) is to be replaced by Jean-Baptiste de Franssu, who already works with with the Vatican’s Council for the Economy. Photograph: EPA/Alessandro di Meo

The reform process Pope Francis has prompted at the controversial Vatican bank IOR is about to move on to “phase II”.Francis is about to replace the b(...)

Profits in 2013 plummeted to €2.9 million from €86.6 million in 2012 as the bank took huge write-downs to wind up investments made before the bank’s reform programme started and when there was less vigilance. Photograph:  Gabriel Buoys/Getty Images

The Vatican bank has blocked the accounts of more than 2,000 clients and ended some 3,000 “customer relationships” as part of a clean-up process that (...)

Former president Mary McAleese questioned whether the pope would deliver on his promise to ‘address the exclusion of women from so many areas of decision making’

Claims by former president Mary McAleese that a recent senior appointment in the Vatican was evidence of an “old boys’ club” has been rejected by the (...)

Cardinal George Pell, head of the Catholic church in Australia. The cardinal has blamed a former culture of silence for the cover-up of child abuse by clergy, making it difficult to know the full extent of abuse. Photograph: Daniel Munoz/Reuters

Australia’s most senior Catholic, Cardinal George Pell, has told an inquiry that the Catholic Church’s history of child abuse is a result of loose ent(...)

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