# H-1B visa petitions from United States-based financial companies dropped 10% in FY26 for the October to December quarter, compared to the same period last fiscal.

*semiconductor · news · 2026-04-13 · Livemint*

## Key points

- H-1B visa petitions from US financial firms dropped 10% in Q1FY26 versus last year.
- Goldman Sachs' certified H-1B filings fell 60%, while JPMorgan's dropped 29% year-over-year.
- Citi, Barclays, and Morgan Stanley increased H-1B filings, bucking the overall downward trend.
- Trump-era H-1B changes raised application fees to $100,000 and introduced social media vetting.
- AI-related job fears contributed to reduced H-1B filings among financial and tech companies.

**Companies:** Goldman Sachs, JPMorgan, Citi, Barclays, Morgan Stanley, CapitalOne
**Countries:** United States

[Read the full story on Livemint](https://www.livemint.com/news/us-news/h1b-applications-top-financial-firms-drop-10-pc-fy26-goldman-sachs-jpmorgan-donald-trump-visa-policy-immigration-worker-11776087143923.html)

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