# Bank Collapse Brings Down Paraguay’s President and Trump Ally

https://mins.news/en/item/131434

- Bloomberg News, 2026-11-05 21:30 UTC
- Economy
- Original: https://www.bloomberg.com/news/articles/2026-11-05/paraguay-s-pena-resigns-amid-ueno-bank-crisis-abc-reports-mw3qgdu9?link_source=ta_bluesky_link&taid=6aecf56d2a145b00011d7474

> A large commercial lender connected to Peña’s administration collapsed, leaving Paraguay in economic and societal disarray; Santiago Peña left office on Thursday.

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