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Wall Street Banks Boost Paris Security After Iran-Linked Bomb Plot

Financial Times Companies •
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Goldman Sachs and Citigroup have ordered Paris staff to work remotely following a thwarted bombing attempt at Bank of America's French headquarters last week. The attack, which French prosecutors suspect may be linked to the pro-Iranian group Ashab al-Yamin, prompted US authorities to warn major banks about potential security threats.

Police arrested four suspects, including three minors aged 16 or 17, who allegedly attempted to plant an incendiary device at BofA's rue de la Boétie office. The suspects were reportedly paid between €500 and €1,000 to carry out the attack and film the scene. Goldman Sachs employees received permission to work from home after security threats were investigated, though the Paris prosecutor found "nothing suspicious" at the bank's offices near the Arc de Triomphe.

Citigroup extended remote work policies to both Paris and Frankfurt offices as a precautionary measure. JPMorgan has increased security across all locations since the attempted attack. French authorities have deployed "reinforced security" throughout Paris at religious sites, embassies, and businesses, including major banks. Terrorism prosecutors continue investigating potential links to Iran, given the group's claims of responsibility for antisemitic attacks across Europe and its online presence suggesting a coordinated campaign targeting Jewish communities and financial institutions.