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Wells Fargo Suspends China Travel After Banker Exit Ban

7/20/2025

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Story summary
  • Wells Fargo has suspended employee travel to mainland China.
  • This decision comes after banker Chenyue Mao faced an exit ban.
  • Mao, a US citizen and managing director, was restricted from leaving China.
  • The ban was imposed shortly after Mao entered the country.
  • Information is based on reports from anonymous sources.