The collapse has raised questions about regulatory oversight, political connections and the stability of Paraguay’s financial system
A bank's collapse in Paraguay left millions locked out of their money, toppled the president and exposed a web of political and financial ties.(Image credit: Jorge Saenz)
By Daniela Desantis and Brendan O'Boyle ASUNCION, Nov 8 (Reuters) - For years, Paraguay’s digital bank, ueno, stood out as a homegrown success story, luring roughly half the country's people to...
Santiago Peña was ousted due to a banking crisis which left millions of people unable to access their money.
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