As Quartz highlighted this week Pope Francis has brought the Vatican Bank back to life. Profits have skyrocketed at the holy bank as it recovers from a series of financial scandals that spurred a complete overhaul of the bank.
When Pope Francis took over leadership of the bank (which is run by 6 cardinals and other governing board members that report to the Pope), it was beset by a series of scandals that included money laundering, fraud, and criminal activity involving major Italian companies, and resulted in the resignation of the bank’s director and other top officials. While many Vatican leaders have attempted to right the financial ship over the years, Francis has proved the most aggressive.