Bloomberg Almost 1.2 million people took to the skies in the US, the most since Covid-19 erupted, despite warnings against large gatherings and travel during the holidays. People flocked to airports in past week, according to Transportation Security Administration (TSA) data. An average of more than 1 million people a day passed through TSA screening over the past week, which …

Bloomberg Credit Suisse Group AG signalled that business continued a mixed performance in the fourth quarter and warned that reaching a profit target next year will depend on the impact of the pandemic. The investment bank “continues to perform well,” with revenue higher than in last year’s fourth quarter, Credit Suisse said in a statement, without providing more details. In …

Bloomberg Australia’s prudential regulator has abolished its cap on bank dividend payments as the economic recovery takes hold, though urged lenders to ensure payouts are sustainable. From the start of 2021, banks will no longer be held to a minimum level of earnings retention, the Australian Prudential Regulation Authority said in a statement. In April, it had recommended lenders defer …