French authorities have increased security measures in Paris following the foiled bomb attack on the Bank of America’s Paris office in March, which has been linked to an Iran-backed group. Four suspects, including one adult and three minors, were placed in pre-trial detention on charges including terrorist criminal conspiracy, according to The Straits Times and Times of Israel.
The Islamic Movement of the Companions of the Right Hand, an Iran-linked group known for recruiting petty criminals and teenagers via social media, is suspected of orchestrating the plot, The National reports. This group has reportedly carried out multiple attacks against American and Jewish targets across Europe since the start of the ongoing Iran conflict.
In response to the threat, US financial institutions such as Citigroup and Goldman Sachs have heightened internal security, with Citigroup instructing staff in Paris and Frankfurt to work remotely as a precaution, as noted by France 24 and Zero Hedge. French police have also arrested two additional suspects related to the foiled attack, expanding the ongoing investigation, per France 24 and The Independent.
The U.S. government has increased alerts at its corporate locations in Paris following these developments, though French police confirmed no further suspicious activities at Goldman Sachs’ Paris office after tight surveillance, according to Zero Hedge. These incidents underscore the rising security concerns surrounding Iranian proxy attacks on Western financial institutions in Europe.
Authorities in multiple countries continue to dismantle the network behind the plot, with investigations ongoing into recruitment and operational methods used by the group. Observers will be watching for further arrests and potential preventive measures as tensions between the U.S. and Iran remain high, impacting security protocols across key financial hubs.

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