Why the 'Vatican Bank' doesn't exist

Why the 'Vatican Bank' doesn't exist

ROME -- Over the years, few Catholic outfits have generated intrigue quite like the “Vatican Bank.” Speculation about its inner workings has boomed again in recent days, with a series of leaked Vatican documents about purported shady transactions, claims of stonewalling of Italian inquests, and alleged loopholes in anti-money laundering laws.

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