Pope names new financial regulator following police raid

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Pope names new financial regulator following police raid
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Pope Francis, moving quickly to fill a top financial position left vacant by an ...

Pope Francis leads the weekly general audience at the Vatican, November 27, 2019. REUTERS/Guglielmo Mangiapane

The Vatican said Carmelo Barbagallo, the former head of supervision at the Italian central bank, would succeed Swiss lawyer Rene Bruelhart to lead the Financial Information Authority . The police were executing a search warrant by a Vatican magistrate investigating suspected corruption in the purchase of a building in London by the Secretariat of State, which is the key department in the Holy See’s central administration.

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