Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: Rift widens between Temer and Lower House Speaker Maia, Grace Fan, Elizabeth Johnson, 19 Oct 2017
* Brazil: New electoral rules for 2018, Grace Fan, Elizabeth Johnson, 12 Oct 2017
* Brazil: Little time left for reform, Elizabeth Johnson, Grace Fan, 5 Oct 2017
* Brazil: Foreign investors buoy energy auctions, Elizabeth Johnson, Grace Fan, 28 Sep 2017
* Brazil: Foreign investors buoy energy auctions, Elizabeth Johnson, Grace Fan, 28 Sep 2017

See all our Brazil research >>

Five factors investors should monitor in the Petrobras scandal

Overview

Amid the widening Petrobras scandal and other crises, President Dilma Rousseff’s appointment of former Banco do Brasil CEO Aldemir Bendine on 6 February as the CEO of Petrobras (PETR3:BZ, PBR:US) has rightfully disappointed investors, with the company’s shares plunging 8 per cent on the news. However, the crucial question ahead for the market is not whether Bendine represents “more of the same,” but whether he will be able to perform his allotted task: namely, to produce audited...

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