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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on March 29, 2025

    Featured image for article about Headlines

    LONDON (Reuters) - Justin Welby, the former spiritual leader of Anglicans worldwide, reiterated he had failed to ensure proper investigations into allegations of abuse within the Church of England, saying the scale of the issue was "overwhelming".

    Welby stepped down as Archbishop of Canterbury in November 2024, after calls for him to resign intensified following a report that found he had taken insufficient action to stop one of the Church's most prolific serial abusers.

    The report said John Smyth, a British lawyer who volunteered at Christian summer camps, had subjected more than 100 boys and young men to "brutal and horrific" physical and sexual abuse over a 40-year period.

    In an interview with the BBC, which will be broadcast in full on Sunday, Welby said "every day more cases were coming across the desk that ... hadn't been dealt with adequately (in the past)".

    "This was just, it was another case - and yes I knew Smyth but it was an absolutely overwhelming few weeks," Welby said. "It was overwhelming, one was trying to prioritise - but I think it's easy to sound defensive over this."

    "The reality is I got it wrong. As Archbishop (of Canterbury), there are no excuses," he added.

    The Church of England did not immediately reply to a request for comment on Welby's interview.

    Smyth moved to Africa in 1984 and continued to carry out the abuse until close to his death in 2018, the report said.

    The report found the Church of England had known at the highest level about the sexual abuse claims in 2013 and Welby became aware, at the latest, about the accusations in the same year, after he became Archbishop of Canterbury.

    Media reports since Welby resigned have alleged more abuse within the institution.

    (Reporting by Catarina Demony; Editing by Aidan Lewis)

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