Paraguay's Senate has removed President Santiago Peña from office. The exit of the head of state was precipitated by a financial crisis that is shaking the country. At the center of the turmoil sits the collapse of Ueno Bank, an institution that had been taken over by the authorities. Critics have raised complaints about irregularities at the intervened lender. Political pressure against Peña had also been growing when the Senate moved against him. His removal comes with the bank still under state intervention.