Global investment banks are banning staff from staying at hotels owned by the kingdom of Brunei, amid the backlash against the country’s decision to introduce the death penalty for homosexuality.
Citigroup, Bank of America Merrill Lynch, Deutsche Bank, Goldman Sachs, Jefferies, Morgan Stanley and Nomura have all removed nine luxury hotels owned by the tiny Asian nation from their list of approved destinations for employees. In the UK, these hotels include the Dorchester at 45 Park Lane and Coworth Park.