Following the series of antisemitic comments and acts made by Kanye West in the past week, the bank he and his Yeezy LLC was working with, JP Morgan Chase, announced they end their financial relationship with the rapper and all his related companies.
The bank institution is yet another big name in bussines world who decide to cut ties with Ye in the past few months.
The news came on Wednesday (Oct. 12) from Candace Owens, while Ye was attending the screening of Owens’new documentary “The Greatest Lie Ever Sold: George Floyd and the Rise of BLM”. Candace went on Twitter and revealed the notice JP Morgan Chase sent to Ye and his team.
“Earlier today I learned that @kanyewest was officially kicked out of JP Morgan Chase bank. I was told there was no official reason given, but they sent this letter as well to confirm that he has until late November to find another place for the Yeezy empire to bank.” the post reads.
Earlier today I learned that @kanyewest was officially kicked out of JP Morgan Chase bank. I was told there was no official reason given, but they sent this letter as well to confirm that he has until late November to find another place for the Yeezy empire to bank. pic.twitter.com/FUskokb6fP
— Candace Owens (@RealCandaceO) October 12, 2022
Kanye West addressed the situation while leaving the above-mentioned event and spoke for the recent backlash following his antisemitic comments and the end of the bank relationship with JP Morgan Chase.
“Hey, if you call somebody out for bad business, that means you’re being antisemitic. I feel happy to have crossed the line of that idea so we can speak openly about things like getting canceled by a bank,” Ye said.