Exclusive: EU to offer banks capital relief to help coronavirus-hit firms, sources say

LONDON (Reuters) - Banks in the European Union are to get more capital relief so they can help companies struggling in the coronavirus pandemic but avoid having to make crippling provisions for loans hit by a looming deep recession, sources said on Monday.The bloc's financial services chief Valdis Dombrovskis is expected to propose this week that the EU "emulate in some form" a move by the U.S. Federal Reserve to allow banks to ease how they calculate their leverage ratio, sources familiar with..