- The Catholic Thing - https://www.thecatholicthing.org -

Vatican silent on Credit Suisse accounts

The Holy See has declined to comment on whether the Secretariat of States has complied with a papal order to move all accounts to a Vatican City bank. The deadline came as the Switzerland-based Credit Suisse, which has a long history with the Vatican, including multiple ties to the current financial scandal, has come under scrutiny for mounting losses. [1]