JP Morgan Chase has cut ties with rapper Kanye West, according to right wing political pundit Candace Owens.
Owens, who was pictured with West wearing a “White Lives Matter” shirt at fashion week in Paris earlier this month, posted the alleged notice from the bank on Twitter Wednesday.
“Earlier today I learned that @kanyewest was officially kicked out of JP Morgan Chase bank,” Owens wrote. “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 letter states that the bank is ending its relationship with the rapper and his brand, Yeezy LLC.
“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,” the letter shared by Owens reads.
The bank gave West until November 21 to transfer his business to another financial institution. Any accounts open past this date would be closed with the remaining funds returned to West via check, the letter said.
However, a source close to the matter told Newsweek that the letter was sent more than two weeks ago, before West’s antisemitism scandal. According to the source, the letter was written after West made disparaging comments about the bank and its executives in interviews and social media posts from September that are now deleted.
West has been critical of the bank, its CEO Jamie Dimon, and senior executives Jing Ulrich and Bill Grous, since September. West at the time was accusing Adidas and GAP of stealing his designs and shutting him out of business meetings, according to Newsweek. Some executives at the bank are also on Adidas’ supervisory board.
“I MOVED 140 MILLION DOLLARS TO CHASE AND BILL [GROUS] STILL NEVER PUT JAMIE [DIMON] ON CALL OR IN A MEETING WITH ME,” West wrote in one post.
He attacked the bank’s executives again in a post on Sept 7, writing: “I need a shoe company like how Jamie Salter bought Reebok or I’ll take over some shoe factories. I’ve went to JP Morgan but of course they won’t give me no deal flow cause [Jing] Ulrich is on the board of both Adidas and JP Morgan. What shoe company will give me control. I need to be the head of the board and chief decision maker.”
West also accused the bank of “controlling and handling to suppress my ability to affect the American economy and industry,” in an interview with Bloomberg.
West being dropped by his bank is the latest in a series of controversies for the rapper after an anti-Semitic rant in which he threatened to go “death con 3” on “Jewish People”.
Adidas and Gap are also moving to cut ties with West, according to Insider.
This post was updated to include reporting from Newsweek.
