INSUBCONTINENT EXCLUSIVE:
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...