JPMorgan Chase Cuts Ties With Purdue Pharma

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

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