A banking crisis that saw the president of Paraguay impeached Friday, November 6, continues to rock the country with protesters back on the streets. The Ueno Bank started as a digital first bank,...
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)
Paraguayan President Pedro Alliana on Monday nominated economist Jorge Schreiner to head the central bank, following a crisis triggered by the intervention in digital bank
Paraguayan prosecutors charged ex-president Santiago Pena and took him into custody Saturday over a banking crisis that saw millions cut off from their money and sparked major protests.
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