JPMorgan is giving West 60 days from the date of the letter to find a new banking relationship. The decision was made after Ye publicly said he was going to cut off ties with the bank. 20, according to a person familiar with the matter who was not authorized to speak about it publicly. While Owens claimed that JPMorgan did not disclose the reason for severing ties, the letter was sent to West on Sept. The letter ending West’s relationship 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 Ye. NEW YORK (AP) - JPMorgan Chase and the rapper formerly known as Kanye West are ending their business relationship, but the breakup is not a result of the controversy over the hip-hop star’s recent antisemitic comments.
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