Rapper Kanye West, who has been regularly generating headlines with his recent antisemitic comments and other examples of erratic behavior, has been dropped by his bank JP Morgan Chase Bank.
The bank sent West a missive informing him that it “has decided to end its banking relationship with Yeezy, LLC and its affiliated entities.”
The letter was posted by right wing commentator Candace Owens, and also instructed West to transfer his funds to an account with a different bank by November 21, 2022.
While you may think this had something to do with West’s comments about Jews, or his recent controversial fashion show, a source told TMZ the decision to drop him had already been made before these incidents.
West had mentioned JP Morgan in September when he was ranting about shoe company Adidas and its board of directors.
While accusing Adidas of releasing his designs without his approval and even using them on non-Yeezy branded shoes, West also wrote in one post that an Adidas board member “IS ON THE BOARD OF BOTH ADIDAS AND JP MORGAN.”
West likely misspelled the board member Jing Ulrich‘s name in the post. Ulrich is the vice chairman of investment banking at JP Morgan, and was elected a member of the Adidas supervisory committee in 2019. While she has a very high position at JP Morgan, she technically isn’t on the board of the bank.
She is, however, a board member of several European companies: Bosh, Zegna and GlaxoSmithKline.
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