Wells Fargo Suspends China Travel as Banker Blocked From Leaving

Wells Fargo & Co. suspended travel to China after one of its bankers who works in trade financing was recently blocked from leaving the country.

Chenyue Mao, an Atlanta-based managing director who was born in Shanghai, was banned from exiting China after entering the country in recent weeks, according to a person with knowledge of the situation. That led the San Francisco-based bank to restrict other Wells Fargo employees from visiting China, said the person, who asked not to be identified discussing information that isn’t public.