Banking breakup between Ye, JPMorgan planned for weeks

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JPMorgan Chase and the rapper formerly known as Kanye West are ending their business relationship,

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but the breakup is not a result of the controversy over the hip-hop star's recent antisemitic comments.

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The letter ending West's relationship with JPMorgan was tweeted Wednesday by conservative activist Candice Owens,

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who has been seen publicly at events with the rapper, who is now legally known as Ye.

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While Owens claimed that JPMorgan did not disclose the reason for severing ties...

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the letter was sent to West on Sept. 20, according to a person familiar with the matter.

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The decision was made after Ye publicly said he was going to cut off ties with the bank. 

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JPMorgan is giving West 60 days from the date of the letter to find a new banking relationship.

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