From CBS News:
The letter ending West’s relationship with JPMorgan was tweeted Wednesday by conservative activist Candace Owens, who has been seen publicly at events with the rapper, who is now legally known as Ye.
While Owens claimed that JPMorgan did not disclose the reason for severing ties, the letter was sent to West on Sept. 20, according to a person familiar with the matter who was not authorized to speak about it publicly. The decision was made after Ye publicly said he was going to cut off ties with the bank. JPMorgan is giving West 60 days from the date of the letter to find a new banking relationship.
Earlier this month, Ye and Owens drew attention after the pair attended a Paris fashion show while wearing shirts with the phrase “White Lives Matter” on the back. The phrase has been adopted and promoted by white supremacist groups and sympathizers, according to the Anti-Defamation League.
Social media companies Twitter and Instagram have blocked Ye’s accounts from posting in recent days due to his antisemitic comments, saying the remarks violated company policy.
Continue reading Ye and JPMorgan Chase ending their banking relationship on CBS News
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