Wall Street To Tap Quants, Engineers In India After $100,000 H-1B Visa Fee
Published on: Sept. 23, 2025, 7:18 a.m. | Source: NDTV Profit
Wall Street banks are set to rely more on their Indian business support centers following President Donald Trump’s shock move to impose $100,000 fees on new applications to the widely used H-1B visa program. US lenders including Citigroup Inc., JPMorgan Chase & Co. and Goldman Sachs Group Inc. are among the biggest employers of India’s so-called global capability centers, which handle operations from trading support and risk management to tech assistance.
