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JPMorgan Chase Terminates Relationship With Kanye West

 1 year ago
source link: https://www.businessinsider.com/jp-morgan-chase-kanye-west-ye-antisemitic-comments-2022-10
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Banking giant JPMorgan Chase has cut ties with Kanye West after a series of recent controversies, conservative commentator Candace Owens says

1 hour ago
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Ye, formerly known as Kanye West. AP Photo/Michael Wyke, File

  • JPMorgan Chase bank has reportedly ended its working relationship with Kanye West.
  • Prominent conservative Candace Owens tweeted a picture of a letter she said was sent to West by the bank. 
  • Owens and West were seen together earlier this month wearing "White Lives Matter" shirts.
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Banking giant JPMorgan Chase has cut ties with Kanye West and his Yeezy brand, according to conservative commentator Candace Owens, who was seen earlier this month with West in Paris.

Owens, who was pictured wearing a "White Lives Matter" t-shirt alongside West at a fashion show, tweeted a picture of a letter that appears to have been sent to West by the bank. 

She said there was no "official reason given" for West's relationship with the bank being terminated, though he has in recent weeks courted controversy with the "White Lives Matter" t-shirt and a number of antisemitic comments.

The letter shared by Owens reads: "We are sending this letter to confirm our recent discussion with [redacted name] that JPMorgan Chase Bank, N. A (the "Bank") has decided to end its banking relation with Yeezy LLC and its affiliated entities."

According to the picture shared by Owens, the bank asked West to transfer his business to another financial institution "before November 21." The letter added that any accounts open past this date would be closed with the remaining funds returned via check.  

Representatives for Kanye West could not be reached for comment, while JPMorgan Chase declined to comment when contacted by Insider.

West has faced a wave of backlash for a tweet he posted on Sunday claiming he would go "death con 3" on Jewish people. The tweet resulted in the rapper being locked out of his Twitter account. 

Owens defended the fashion designer on an episode of her political talk show. She claimed that the tweet was an "open question" and "honest people" wouldn't think it was antisemitic. 

Other companies, such as Adidas and Gap, have also moved to cut ties with West. 


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