H-1B visa crackdown triggers US banks hiring boom in India

Investment banks are increasingly hiring finance specialists in cities like Bengaluru, Mumbai and Hyderabad, a trend expected to grow following the Trump administration’s H-1B visa restrictions, Bloomberg reports.

According to Bloomberg’s report, JPMorgan Chase & Co. is hiring credit support specialists in Bengaluru to monitor covenant breaches, while Goldman Sachs Group Inc. is seeking associates for loan reviews across various assets. In Mumbai, KKR & Co. is expanding its team to oversee portfolio companies, and Millennium Management LLC is looking for risk analysts for its derivatives trading team.

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