Tag: Ernst von Freyberg

• Wednesday, July 9th 2014 - 07:35 UTC

  Clean-up process and 'zero tolerance' in Vatican bank plummets profits

  

  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 nearly wiped out its profit, its 2013 financial statement showed on Tuesday.

• Wednesday, July 31st 2013 - 16:17 UTC

  Vatican bank opens its books to comply with ‘honest and transparent’ promise

  

  The Vatican bank opened its web site www.ior.va on Wednesday as it steps up efforts to improve its tarnished image after a succession of financial scandals and repeated criticisms of its lack of transparency.

• Wednesday, May 15th 2013 - 22:09 UTC

  Vatican promises transparency and annual reports from the scandal-hit IOR

  

  As part of ongoing efforts to promote transparency and chip away at the myths surrounding what is commonly called the Vatican bank, its new president announced it will have a website by the end of the year and will publish its annual report, according to the Catholic Sentinel.

• Monday, February 18th 2013 - 06:39 UTC

  Scandal-hit Vatican bank tries to make clean start but again stumbles

  

  The Vatican appointed a German lawyer to head its bank, but the bid to turn the fortunes of the scandal-hit institution was clouded by his business links to a military shipbuilder.