Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: Is pension reform still possible?, Elizabeth Johnson, Grace Fan, 10 Aug 2017
* Brazil: The cost of Temer’s victory, Grace Fan, Elizabeth Johnson, 3 Aug 2017
* Brazil: Can the market really decouple from the political crisis?, Grace Fan, 28 Jul 2017
* Brazil: Can the market really decouple from the political crisis?, Grace Fan, 28 Jul 2017
* Brazil: Temer’s political woes will drag through August, Grace Fan, Elizabeth Johnson, 20 Jul 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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