Amidst strict H1B rules, American banks increase hiring in India
US banks are accelerating hiring in India as Trump-era H-1B visa restrictions make employing foreign workers in the US costly and complex. JPMorgan, Goldman Sachs, KKR, and Millennium Management are expanding their Bengaluru, Hyderabad, and Mumbai teams. With steep new visa fees and stricter rules, banks are shifting critical finance, risk, and portfolio operations to India.