The investment was made under the watch of Cardinal Giovanni Angelo Becciu, who was stripped of his rights as a cardinal by the Pope last month. Photograph: iStock

The Vatican invested some donations for the poor and needy in derivatives that bet on the creditworthiness of Hertz, the US car rental company that de(...)

Australian Cardinal George Pell arrives at his residence in Rome, Italy on September 30th. Photograph: Fabio Frustaci/EPA

A former senior Vatican cardinal, whose resignation was accepted by Pope Francis last month, has been accused of using €700,000 of Catholic Church fun(...)

The then newly elevated cardinal, Giovanni Angelo Becciu from Italy, pictured in June 2018. Photograph:  Andreas Solaro/AFP via Getty Images

One of the Vatican’s most powerful cardinals has resigned suddenly amid an ongoing investigation into the suspected misuse of Catholic charitable fund(...)

Cardinal George Pell, head of the Vatican’s Secretariat for the Economy, says he hopes an audit of the Vatican finances will resume very shortly, following its suspension this week. Photograph:  Daniel Munoz/Reuters

An external audit of Vatican finances being carried out by global firm PricewaterhouseCoopers has been suspended by the Holy See. The move raises f(...)