Pope Francis urged financial leaders to be aware of the role that they will play in the rebuilding of the economy in the wake of the coronavirus pandemic.
VATICAN CITY — Pope Francis told a group of investment bankers Monday that fair conduct and transparency are essential in the field of finance.
“Christian thought is not contrary in principle to the prospect of profit, rather it is contrary to profit at any cost, to profit which forgets man, makes him a slave, reduces him to one thing among things, a variable of a process that he cannot in any way control or which he cannot oppose in any way,” Pope Francis said Oct. 5.
“Business management always requires fair and clear conduct from everyone, which does not yield to corruption,” he said in the Vatican’s Paul VI Hall.
The pope met with managers and staff of the prominent Italian investment