VATICAN CITY – Pope Francis has convened his top cardinal advisers for another round of financial reform talks amid fresh turmoil at the embattled Vatican bank.
It was this time last year that the top two managers at the Institute for Religious Works were forced out after a Vatican monsignor with millions in the bank was arrested in an alleged money-smuggling plot.
They were replaced, but Italian news reports say another round of resignations are expected. A bank spokesman declined to comment Tuesday.
The bank's current president, Ernst Von Freyberg, was appointed in February 2013 in one of Pope Benedict XVI's final acts in office. He has never been received in audience by Pope Francis, who was elected on a mandate of financial and bureaucratic reform.