Kanye West’s Bank JPMorgan Chase Ends Business Relationship

October 14, 2022

Kanye West has been in the headlines for a string of business issues for several months. That trend has continued as he has ended his relationship with his bank, JPMorgan Chase.

Ye Wants Out

JPMorgan Chase has ended their banking relationship with rapper Kanye West.

According to the AP, the relationship was not ended over Kanye’s recent stereotypical comments. However, a letter tweeted by conservative activist Candace Owens revealed some details. 

Ye and Owens have also been spotted at public events together recently.

Earlier today I learned that @kanyewest was officially kicked out of JP Morgan Chase bank. 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. pic.twitter.com/FUskokb6fP

— Candace Owens (@RealCandaceO) October 12, 2022

Access Denied For Kanye

In the tweet from Owens, the letter was sent to Kanye on September 20, and it did not disclose the reason for severing the ties. 

According to a close source to Kanye, the relationship ended due to the YEEZY mogul making their issues public.

In a past interview with Bloomberg News, Kanye also criticized JP Morgan for being denied access to speak with the bank’s CEO, Jamie Dimon.

As of October 13, JP Morgan gave Kanye 60 days to remove his company funds from his account.

Business Problems Are Nothing New For Kanye

During the Bloomberg interview, Kanye added that he planned to cut most of his corporate ties.

Kanye has had problems with business partners In the past for several reasons. 

Some include his recent spat with Gap for copying YEEZY designs, and he threatened to sue both Adidas and Gap for making decisions without his permission.

Chris Samuel is a North Carolina native who has a passion for writing but is also a big history buff and is a sports reporter in the side. Chris is an avid hip-hop fan whose favorite artists include J. Cole, JID, Larry June, Griselda, Freddie Gibbs, NaS, Joey Bada$$ and also Old School R&B.

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