List of Investment Banks that Don't Sponsor H1B for US Entry-level Postitions

For those of you who need H1B Visa sponsorship for entry-level, can we make a list together to identify investment banks that don't sponsor h1b? I found an earlier post back in 2010 with a list but it should be out of date. As far as I know, Wells Fargo and Piper Jaffray don't consider international students for their analysts at all. It could be wrong but let's make an up-to-date list together.

Thanks a lot!

 

Every EB have sponsored someone I know who isn't American. That being said, they sponsored them for a TN-1 at first before allowing them to apply for H1B a few months later.

 

The issue is that with the application level for H1Bs has gotten so high that you pretty much only have a ~35% chance of your petition being accepted and that brings quite a bit of risk for banks (can be mitigated somewhat by applying in April just before graduation so they have a second chance to do it the next year before OPT expires, but still far from a guarantee) so I expect that a lot of banks that have historically sponsored are going to think twice before they do. I have 2 friends at BBs that had to be moved to London because they weren't selected for a Visa and although anecdotal, I hear this is happening more and more.

 

many of them might be internal laterals - i know a bunch of people who transferred from a regional office to NY after a few years

 

I have interviewed with BAML for summer analyst position. I guess it could mean they at least consider internationals for positions. I don't think they called me without first checking my work status.

 

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