Tag Archives: Money laundering

Pope Francis tightens Vatican bank controls

Pope Francis issued a decree designed to combat money-laundering and prevent any financing of terrorism. It is the latest move to stamp out abuses at the Vatican bank, which handles funds for the Catholic Church. The Pope recently set up … Continue reading

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Wells Fargo: Your Neighborhood Mega-Money Laundering, Drug War Profiteering, Prison-Industry Enlarging Bank

By Andrew Gavin Marshall Just recently, in late July, Wells Fargo surpassed the Industrial and Commercial Bank of China (ICBC) as the world’s largest bank by market capitalization. This followed Wells Fargo reporting a 19% increase in profits over the … Continue reading

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Cleric and 2 Others Arrested in Vatican Bank Investigation

By Rachel Donadio The Italian police on Friday arrested a prelate, a financial broker and an agent of the Italian Secret Service on corruption charges as part of a complex plot in which the priest — who is already under … Continue reading

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