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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 April 22, 2025

    Featured image for article about Headlines

    By Jay Ereno and Mikhail Flores

    MANILA (Reuters) - Hundreds of Filipinos gathered at a solemn Mass held for Pope Francis on Tuesday, following his passing that has stirred deep sorrow among Catholics around the world, many of whom saw him as a humble and compassionate leader.    

    In one of the world's largest Catholic strongholds, the grief was palpable as worshippers filled churches to honour the pontiff, known affectionately in the Philippines as "Lolo Kiko", or Grandpa Kiko.  

    One of the chapels inside the Manila Cathedral displayed a framed photo of the Argentine pope surrounded by flowers and candles, as prayers for his eternal repose and solemn hymns sung by the choir echoed through the church.

    "Lolo Kiko was a true father to us," said Cardinal Jose Advincula, the archbishop of Manila, during the morning Mass he led at the cathedral.

    Francis, the first Latin American leader of the Roman Catholic Church, died on Monday after suffering a stroke and cardiac arrest, the Vatican said, ending an often turbulent reign in which he sought to overhaul an ancient and divided institution.

    The Philippines, home to more than 80 million Catholics, has long had a special connection with Francis, who visited the country in 2015, drawing a record crowd of up to seven million people at a historic Mass in the capital.

    In his homily, the pope urged Filipinos to shun "social structures which perpetuate poverty, ignorance and corruption". 

    Francis' journey included a visit to Tacloban, where he met with survivors of Typhoon Haiyan, the deadliest storm in Philippine history. 

    POWERFUL FORCE

    Cardinal Advincula described the 2015 visit of Francis as "a moment of grace forever etched in our memory".

    Philippine President Ferdinand Marcos Jr, a Catholic, described Francis as the "best pope in my lifetime" as he expressed deep sorrow over his passing.

    The Catholic Church in the Philippines has been a powerful force in society, helping to oust two leaders, most notably the father and namesake of the current president, and speaking out against injustices and human rights abuses, including a spree of killings in former President Rodrigo Duterte's controversial "war on drugs".  

    As the Church prepares for a new conclave, attention has turned to what could be a historic shift - one the possible candidates to succeed Pope Francis is Filipino Cardinal Luis Antonio Tagle.

    Tagle, 67 is often called the "Asian Francis" because of his similar commitment to social justice and if elected he would be the first pontiff from Asia, where only the Philippines and East Timor have majority Catholic populations.  

    On paper, Tagle, who generally prefers to be called by his nickname "Chito", seems to have all the boxes ticked to qualify him to be a pope.

    He has had decades of pastoral experience since his ordination to the priesthood in 1982. He then gained administrative experience, first as bishop of Imus and then as archbishop of Manila. 

    (Writing by Karen Lema; Editing by Martin Petty)

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