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social science subjects > business and management > business ethics > cases in business ethics > Banco Ambrosiano

Terme préférentiel

Banco Ambrosiano  

Définition(s)

  • Banco Ambrosiano, Italy's second-largest private bank, collapsed in 1982 when it became unable to collect approximately $1.3 billion in loans to foreign shell companies with ties to the Vatican Bank. The scandal disrupted financial markets, damaged the Vatican's reputation, and led to the downfall of the bank's chair, Roberto Calvi, and other senior business and government leaders. [Source: Encyclopedia of White-Collar and Corporate Crime; Banco Ambrosiano]

Concept(s) générique(s)

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URI

http://data.loterre.fr/ark:/67375/N9J-N2S72GGG-8

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