Banks should improve governance to overcome malpractice - ECB's de Cos

MADRID (Reuters) - Banks should restore their customer confidence "as soon as possible" to overcome damage to their reputations associated with financial malpractice, European Central Bank policymaker Pablo Hernandez de Cos said on Thursday.De Cos, who also heads the Bank of Spain, said the relevance of misconduct costs "became painfully clear" in the aftermath of the global financial crisis."If we also include the reputational costs associated with these forms of malpractice, the actual damage..