JPMorgan Actually Cut Ties With Kanye Before His Antisemitic Tweets - The Daily Beast

Contrary to what Candace Owens has insinuated, JPMorgan ended its banking narration with Kanye West past month, weeks earlier the rapper and manner decorator mislaid entree to his societal media accounts implicit an antisemitic tweet.

On Wednesday, Owens posted a photograph of a letter addressed to West from JPMorgan Chase saying that the slope “has decided to extremity its banking narration with Yeezy, LLC and its affiliated entities.” The slope gave West until Nov. 21 to determination his assets to different slope oregon person the remainder of his funds via check.

Owens, a blimpish commentator who has grown adjacent to the Yeezy laminitis successful caller weeks, claimed that the slope gave nary authoritative crushed for the severance. However, she appeared to framework JPMorgan’s determination arsenic backlash against West’s caller controversies, including erstwhile helium vowed to spell “death con 3” connected Jewish people successful a tweet this past weekend, and erstwhile helium wore a “White Lives Matter” shirt astatine Paris Fashion Week past week.

“I privation to accidental that I bash not attraction what you deliberation astir Ye West—but I precise overmuch attraction what you deliberation astir this,” Owens tweeted alongside the letter. “We person reached highly frightening times successful this country.”

But the bank’s determination was unrelated to West’s caller caustic remarks; a root adjacent to the concern tells The Daily Beast that the missive was sent connected Sept. 20, weeks earlier his antisemitic tweet and his manner show.

The root added that the missive was really sent aft West's interrogation with CNBC past month, successful which helium announced his volition to halt banking with JPMorgan portion besides railing against his firm partnerships with Gap and Adidas.

“I’m moving my wealth implicit from JPMorgan implicit to Bank of America, possibly, due to the fact that I spell and determination $140 cardinal implicit to JPMorgan and [CEO] Jamie Dimon ne'er calls me,” West said astatine the time. “I find retired Jing Ulrich is 1 of the heads of the committee astatine Adidas and 1 of the heads of the committee astatine JPMorgan, and they already dainty maine a definite mode astatine Adidas. It doesn’t substance however overmuch wealth you determination implicit there.”

It remains unclear however the termination betwixt JPMorgan and West really unfolded, and whether it was a communal determination aft all.

West ended his concern with Gap past month. Adidas placed its ain concern with West nether review days earlier his antisemitic remarks.

“The Adidas Yeezy concern is 1 of the astir palmy collaborations successful our industry’s history,” the institution said successful a connection past week. “We are arrogant of our squad that has worked tirelessly passim our collaboration with Ye and the iconic products that were calved from it. We besides admit that each palmy partnerships are rooted successful communal respect and shared values. After repeated efforts to privately resoluteness the situation, we person taken the determination to spot the concern nether review.”