A growing list of multinational banks are banning employees from staying at hotels owned by the sultan of Brunei, where homosexuality and adultery is punishable by death. J.P. Morgan, Goldman Sachs and others...have barred staff from staying at properties owned by the Dorchester Collection hotel group, run by the Brunei state-owned investment agency. The ban includes luxury names such as Los Angeles’ Beverly Hills Hotel and Hotel Bel-Air, and London’s Dorchester and 45 Park Lane... A spokesperson for J.P. Morgan confirmed the report to CNBC but declined to comment further.

Deutsche Bank announced its boycott of Brunei-owned properties.... Goldman Sachs and Bank of America have confirmed to CNBC that they are no longer using the Dorchester Group. CitiGroup, Jefferies, Morgan Stanley and Nomura have also banned employees from staying at nine luxury hotels owned by the small Southeast Asian nation, according to Financial News Network. Bank of New York Mellon joined the ban too, according to a spokesperson for the bank....

“The new laws introduced by Brunei breach the most basic human rights, and we believe it is our duty as a firm to take action against them,” Stuart Lewis, chief risk officer and member of the management board at Deutsche Bank, said... “We are proud to support LGBTIQ rights around the world, and as part of this we regularly review our business partnerships to ensure that they are aligned with this principle.”... In response to the boycotts, the Dorchester Collection said in a statement that they “understand people’s anger and frustration but this is a political and religious issue that we don’t believe should be played out in our hotels and amongst our 3,630 employees.”