Tag: vatican bank

VATICAN CITY (RNS) Two top managers of the Vatican Bank resigned on Monday (July 1), just five days after Pope Francis appointed an independent commission to conduct a top-to-bottom review of the scandal-plagued bank.

The surprise resignation of the bank’s director general, Paolo Cipriani, and of his deputy, Massimo Tulli, follows the arrest of a senior Vatican official with close ties to the bank who was charged on Friday with attempting to smuggle 20 million euros into Italy from Switzerland.