Vatican names German lawyer as head of its bank

By REUTERS
February 15, 2013 13:51




VATICAN CITY - The Vatican appointed German lawyer Ernst von Freyberg to be the new president of its bank on Friday, filling a post left vacant since May when the previous head was ousted by its board.

The Vatican has been trying to shed a reputation for a lack of financial transparency at its bank, officially known as the Institute for Works of Religion (IOR), but has been dogged by scandals.

A Vatican statement said Freyberg brought "a vast experience of financial matters and the financial regulatory process."


Related Content

Breaking news
January 21, 2018
U.S. urges Turkey to 'exercise restraint' in Syria operation

By REUTERS

Israel Weather
  • 9 - 19
    Beer Sheva
    11 - 20
    Tel Aviv - Yafo
  • 9 - 13
    Jerusalem
    12 - 18
    Haifa
  • 13 - 23
    Elat
    11 - 21
    Tiberias