Chase Bank Kanye: JPMorgan Chase, Kanye West’s bank, reportedly cut ties with the rapper after he made antisemitic remarks. West’s social media accounts were suspended on Sunday (10/9) for posting antisemitic content. According to Twitter, “the account in question [had been] locked owing to a violation of Twitter’s regulations,” as reported by BuzzFeed News.
Jack Antonoff, David Schwimmer, and New York congressman Alexandria Ocasio-Cortez are just some of the musicians, celebrities, politicians, and organizations that have since spoken out against West for his comments. In newly released footage from his recent interview on Fox News, the ‘DONDA’ musician made additional antisemitic statements.
Meanwhile, West received criticism last Week for displaying the words “White Lives Matter” on a shirt he wore to Paris Fashion Week. Amidst the mounting backlash, JPMorgan Chase has reportedly severed ties with the West. They have “chosen to sever its banking relationship with Yeezy, LLC and its connected organizations,” according to a statement released by the US global investment bank and financial company.
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
Candace Owens, a conservative commentator, claims that JPMorgan Chase provided “no formal justification” for its decision. In a statement released to the press, the bank demanded that Ye “immediately transfer [his] business to another financial institution before November 21, 2022.”
Also, “we urge that you cease completing Company transactions and using any goods related with the accounts five business days before the scheduled closure date set out above” so that no hiccups occur.
West has been skeptical of his partnership with JPMorgan Chase, as noted by Hypebeast. Meanwhile, on Tuesday (October 11), Elon Musk revealed that he had spoken to West and “explained [his] worries about his recent remark, which I hope he took to heart.” Musk is in the running to purchase Twitter. You may also read our other articles, like Kanye West Age.
Conversely, Paul Stanley, the lead singer of KISS, has warned that the rapper Kanye West’s mental health issues are no reason to “minimize the risk of hate speech, promoting antisemitism and violence against religions or nationalities.”
He continued, “We have devised methods over the years to rationalize this behavior and watched the atrocities that ensued. Last Week, a documentary by Kanye West, was released earlier this Week. That, too, has been met with backlash because it features footage of West allegedly displaying pornographic material to Adidas executives.
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