American bank, JPMorgan Chase has ended its banking relationship with Rapper, Kanye West.
The news was made public by conservative figure, Candace Owens, who was seen wearing a “White Lives Matter” shirt with Ye last week, prompting fierce criticism.
Owens posted on Twitter late Wednesday night, October 12, an official note from JPMorgan Chase Bank announcing the end of their commercial relationship with Ye.
She 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.”
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According to the letter, Kanye had a specific deadline of November 21 to transfer his company to a new bank.
The decision was made as a result of criticism Kanye has received for recent anti-Semitic remarks he made, among other things, in interviews and on social media. As a result, Twitter and Facebook temporarily banned his accounts.
He was also criticized for wearing a “White Lives Matter” shirt to both his daughter’s basketball game and the Yeezy Show and calling the Black lives matter movement which he donated 2 million dollars to, a scam.
