The complete record

JPMorgan Chase ends banking relationship with Kanye West and Yeezy amid wider business breakups

In October 2022, JPMorgan Chase formally notified Kanye West (Ye) that it was ending its banking relationship with him and his Yeezy brand. A copy of the termination letter was posted online by commentator Candace Owens. The Associated Press reported, citing sources familiar with the matter, that the breakup had been planned for weeks before West's early-October antisemitic social media posts. West's businesses simultaneously faced terminations from Adidas, Gap, Balenciaga, and CAA. Chase did not state a public reason; West and supporters initially characterized the closure as politically motivated, while the timing reported by AP complicates that framing.