JP Morgan and Kanye West are reportedly ending their business collaboration
According to recent reports, the well-known artist and businessman Kanye West will no longer be working together on any commercial endeavors. JP Morgan Chase is an international financial firm. After hearing some of the recent statements that Kanye West has made, JP Morgan Chase, which was Kanye West’s official banking partner, made the decision to sever their relationship. The actual reason JP Morgan Chase decided to cut ties with the West is not at all related to the anti-Semitic comments that he made over the previous few weeks, despite the fact that many people believe this to be the case.
The letter ending West’s association 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 Y. According to Candace Owens, the worldwide banking company has not provided any particular reason for severing connections with the musician. But people who know what’s going on have reportedly told members of the media in a sneaky way that JP Morgan Chase sent Kanye West a letter on September 20, 2022, in which the company explained why they were ending their business relationship with Kanye West.
According to the individual who is not allowed to speak anything publicly, the international financial institution chose to take such a harsh step following West’s remark that he was going to cut off his corporate ties. The remark was made by Kanye West in the course of an interview with Bloomberg. After that, he said that it was time for him to part ways with the majority of his corporate relationships and that it was time for him to strike out on his own.
During the course of the conversation, he was also critical of the banking officials for not providing him with access to Jamie Dimon, who is the chairman and chief executive officer of JP Morgan Chase. According to various reports, JP Morgan Chase has provided Kanye West with a deadline of sixty days to find a new banking partner to handle the rapper’s business dealings and finances. In addition to his financial holdings, Ye is the owner of the well-known fashion label Yeezy, which is recognized for producing luxury goods of high quality. During the interview with Bloomberg News, Ye said that he planned to cut business ties with corporate suppliers and retailers who work closely with Yeezy-branded products.
JPMorgan Chase is hardly the first company or organization to evaluate its connection to Kanye West and come to a new conclusion. The international athletic goods company Addidas, which has its headquarters in Germany, made the decision a few days ago to evaluate its current business relationship with Kanye West. This came about as a result of Kanye West’s attendance at an event while wearing a t-shirt that read “White Lives Matter.” West had earlier criticized the upper management of Addidas for taking decisions relating to the Yeezy brand without his knowledge. In addition, he said that the international company had taken his designs and ideas.