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ECB's De Cos says European banks cross-border mergers would be positive

European monetary policymaker Pablo Hernandez de Cos on Monday said cross-border mergers in Europe would be "particularly positive" to enhance the European banking union while also increasing lenders' geographical diversification.

MADRID, Oct 26 (Reuters) - European monetary policymaker Pablo Hernandez de Cos on Monday said cross-border mergers in Europe would be "particularly positive" to enhance the European banking union while also increasing lenders' geographical diversification.

(Reporting by Jesús Aguado and Emma Pinedo; editing by Inti Landauro)

((jesus.aguado@thomsonreuters.com; +34 91 585 8339; Reuters Messaging: Reuters Messaging: jesus.aguado.reuters.com@reuters.net))

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