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Paul Casimir Marcinkus GCOIH (/ m ɑːr ˈ s ɪ ŋ k ə s /; January 15, 1922 – February 20, 2006) was an American archbishop of the Catholic Church and president of the Institute for the Works of Religion, commonly known as the Vatican Bank, from 1971 to 1989.
The Institute for the Works of Religion (Italian: Istituto per le Opere di Religione; Latin: Institutum pro Operibus Religionis; abbreviated IOR), [4] [5] commonly known as the Vatican Bank, is a financial institution [2] that is situated inside Vatican City and run by a Board of Superintendence, which reports to a Commission of Cardinals and ...
Worth (billion USD) Country Religion/Belief Notes The Church of Jesus Christ of Latter-Day Saints: 265.0 United States: Non-Trinitarian Christianity (Mormonism) Includes everything from investments, operating assets (ecclesiastical buildings) and Real estate, mostly from USA. [1] Catholic Church in Germany: 47.24 to 265.62 Germany: Catholicism
The bank came to be known as the "priests' bank"; one chairman was Franco Ratti, nephew to Pope Pius XI. In the 1960s, the bank began to expand its business, opening a holding company in Luxembourg in 1963 which came to be known as Banco Ambrosiano Holding. This was under the direction of Carlo Canesi, then a senior manager, and from 1965 chairman.
Calvi joined the bank after World War II, but he moved to Banco Ambrosiano, then Italy's second largest bank, in 1947. He married in 1952 and had two children. Soon he became the personal assistant of Carlo Alessandro Canesi, a leading figure and later president of Banco Ambrosiano. [1] Calvi was the bank's general manager in 1971 and chairman ...
President of the Vatican Bank (1989–2009) Angelo Caloia (born 2 May 1939) is an Italian economist and banker, who was the President of the Vatican Bank for 20 years until September 2009. [ 1 ] [ 2 ] [ 3 ]
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This became the foundation of the family bank established by his son, Giovanni Torlonia. Giovanni, in return for his able administration of the Vatican finances, was created duke of Bracciano [2] and count of Pisciarelli by Pope Pius VI in 1794. In 1803, Pius VII made him marquess of Romavecchia e Turrita and the first prince of Civitella Cesi.