The next pope will inherit a soaring deficit and culture of financial malpractice that Francis tried and failed to solve even ...

Pope Leo XIV, the first person from the United States to lead the Catholic Church, is taking on a financial headache in his ...

Pope Leo XIV inherits a Church that remains in urgent need of good governance. Which may very well be why he was chosen.

As the cardinals begin their procession to the Sistine Chapel for the conclave to select a new pope, the world's attention turns to the Vatican and its unique financial structure. The leader of the ...

The Vatican, the smallest country in the world, has an economy shrouded in secrecy. Here are some little known facts that ...

“Robert Prevost was a missionary bishop who gave himself fully to his people and who played an important role in the church of his new country, Peru. In fact, he became a Peruvian citizen,” Canadian ...

Along with the spiritual leadership of the world's 1.4 billion Catholics, Pope Leo XIV now inherits oversight of the ...

The late Pope Francis sought to battle corruption, but his successor faces the even harder task of balancing the books.

Vatican financial experts express particular concern ... In particular, the Holy See's progress in addressing previously identified problems was recognized by Moneyval, the Council of Europe's ...

Yet problems persist ... The accused included financiers, lawyers and ex-Vatican employees accused of a range of financial crimes in what prosecutors called a “rotten predatory and lucrative ...