{"id":96347,"date":"2022-10-13T23:41:08","date_gmt":"2022-10-13T23:41:08","guid":{"rendered":"https:\/\/harchi90.com\/jpmorgan-chase-actually-cut-ties-with-kanye-west-before-his-antisemitic-tweets\/"},"modified":"2022-10-13T23:41:08","modified_gmt":"2022-10-13T23:41:08","slug":"jpmorgan-chase-actually-cut-ties-with-kanye-west-before-his-antisemitic-tweets","status":"publish","type":"post","link":"https:\/\/harchi90.com\/jpmorgan-chase-actually-cut-ties-with-kanye-west-before-his-antisemitic-tweets\/","title":{"rendered":"JPMorgan Chase Actually Cut Ties With Kanye West Before His Antisemitic Tweets"},"content":{"rendered":"
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Contrary to what Candace Owens has insinuated, JPMorgan ended its banking relationship with Kanye West last month, weeks before the rapper and fashion designer lost access to his social media accounts over an antisemitic tweet.<\/p>\n

On Wednesday, Owens posted a photo of a letter<\/a> addressed to West from JPMorgan Chase saying that the bank \u201chas decided to end its banking relationship with Yeezy, LLC and its affiliated entities.\u201d The bank gave West until Nov. 21 to move his assets to another bank or receive the remainder of his funds via check.<\/p>\n

Owens, a conservative commentator who has grown close to the Yeezy founder in recent weeks, claimed that the bank gave no official reason for the severance. However, she appeared to frame JPMorgan’s decision as backlash against West’s recent controversies, including when he vowed to go \u201cdeath con 3\u201d on Jewish people in a tweet this past weekend, and when he wore a \u201cWhite Lives Matter\u201d shirt at Paris Fashion last week.<\/p>\n

\u201cI want to say that I do not care what you think about Ye West\u2014but I very much care what you think about this,\u201d Owens tweeted alongside the letter. \u201cWe have reached extremely frightening times in this country.\u201d<\/p>\n

But the bank’s move was unrelated to West’s recent caustic remarks; a source close to the situation tells The Daily Beast that the letter was sent on Sept. 20, weeks before his antisemitic tweet and his fashion show. <\/p>\n

The source added that the letter was actually sent in response to West’s interview with CNBC last month, in which he announced his intention to stop banking with JPMorgan while also railing against his corporate partnerships with Gap and Adidas.<\/p>\n

\u201cI’m moving my money over from JPMorgan over to Bank of America, possibly, because I go and move $140 million over to JPMorgan and [CEO] Jamie Dimon never calls me,\u201d West said at the time. \u201cI find out Jing Ulrich is one of the heads of the board at Adidas and one of the heads of the board at JPMorgan, and they already treat me a certain way at Adidas. It doesn’t matter how much money you move over there.\u201d<\/p>\n

It remains unclear how the termination between JPMorgan and West actually unfolded, and whether it was a mutual decision after all.<\/p>\n

West ended his partnership with Gap last month. Adidas placed its own partnership with West under review days before his antisemitic remarks.<\/p>\n

\u201cThe Adidas Yeezy partnership is one of the most successful collaborations in our industry’s history,\u201d the company said in a statement last week. \u201cWe are proud of our team that has worked tirelessly throughout our collaboration with Ye and the iconic products that were born from it. We also recognize that all successful partnerships are rooted in mutual respect and shared values. After repeated efforts to privately resolve the situation, we have taken the decision to place the partnership under review.\u201d<\/p>\n<\/div>\n