JPMorgan Chase has severed its relationship with Purdue Pharma over their alleged role in the U.S. opioid crisis.
This has reportedly forced the OxyContin maker to find a new bank to manage cash and bill payments.
The move makes JPMorgan the most high-profile corporation known to have distanced itself from Purdue and the Sackler family.
Source: https://thehill.com/policy/healthcare/445302-jpmorgan-chase-will-no-longer-offer-banking-services-to-oxycontin-maker