
China has confirmed that it barred a senior Wells Fargo executive from leaving the country, saying it banned her exit because of a “criminal case” investigation.Last week, reports surfaced that Chenyue Mao, an Atlanta-based managing director at the American banking giant and a United States citizen, had been stopped from leaving China.
In response, Wells Fargo has suspended all business travel to China.“Ms Mao Chenyue is involved in a criminal case currently being handled by Chinese law...