THE Trump administration’s overhaul of the H-1B system could have an outsized impact on the finance industry, which could face hiring challenges following the imposition of the new US$100,000 fee.
Financial firms are among the largest users of H-1B visas, employment-based visas awarded by an annual lottery, although their usage is dwarfed by tech companies.
In 2025, the 10 top US financial firms received about 12,000 H-1B visas, according to government data, with JPMorgan being the biggest by far with 2,440.
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