Santander Brasil Drops Below Lowest Closing Price

(Corrects headline and text to show Santander Brasil dropped below its record low closing price.)

Banco Santander Brasil SA, the Brazilian unit of Spanish largest bank, fell as much as 1.8 percent to 12.93 reais at 11:08 a.m in Sao Paulo trading, below it lowest closing price of 12.95 reais on Aug. 8.

To contact the reporter on this story: Francisco Marcelino in Sao Paulo at mdeoliveira@bloomberg.net

To contact the editor responsible for this story: Telma Marotto at tmarotto1@bloomberg.net

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