Two Vatican Bank Board Members Resign

Wall Street Journal
May 25, 2016

http://www.wsj.com/articles/two-vatican-bank-board-members-resign-1464184422

Two board members of the scandal-marred Vatican bank have resigned over disagreements about the management and mission of the institution.

Under Pope Francis, the Institute for the Works of Religion has sought to be less a profit-at-all-cost investment vehicle for the church and more a service-oriented foundation that helps religious orders, in particular, and Vatican officials manage their money.

The Vatican said Wednesday that the resignation of Clemens Borsig and Carlo Salvatori “can be seen in light of legitimate reflections and opinions” about the management of such an unusual institution.