Market Chatter: Wells Fargo Halts China Travel Amid Executive Exit Ban

MT Newswires Live

Jul 18, 2025

Wells Fargo has suspended all business travel to China after one of the US bank's employees was barred from leaving the country, raising concerns among foreign firms operating in the Asian country, Reuters reported Friday.

The move follows a string of similar cases, including the jailing of a Japanese Astellas Pharma worker for espionage, the 2024 detention of AstraZeneca China President Leon Wang, and the earlier exit ban on a senior Nomura banker, according to the report.

Mintz Group also faced a $1.5 million fine and employee detentions, Reuters wrote.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. 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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WFC","symbol_name":"富国银行","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2552457050","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2552457050","pubTimestamp":1752823559,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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