French authorities have opened an investigation into a foiled ⁠attack targeting Bank of America’s Paris headquarters after police detained one suspect who was allegedly attempting to ignite an explosive device outside the building.

In a social media post on Saturday, Interior Minister Laurent Nunez said the swift intervention by police had “thwarted a violent terrorist attack” in the French capital the previous night.

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French newspaper Le Parisien cited a police source as saying the suspect was arrested at about 3:25am local time (02:25 GMT) outside the bank’s local headquarters in the city’s 8th arrondissement as he tried to light a device consisting of a five-litre (1.3-gallon) container filled with an unidentified liquid and an explosive charge made up of about 650 grams (23 ounces) of powder.

The suspect was taken into custody, while a second individual who was present fled the scene and remains at large. The device was taken to the Paris police’s forensics lab for full analysis.

The National Terrorism Prosecution Office told the Reuters news agency the suspected offences included attempted destruction by fire or other dangerous means in connection with a “terrorist plot”, as well as ⁠the making, possession ⁠and transport of an incendiary or explosive device with intent ⁠to carry out dangerous damage.

The probe ⁠also includes a ⁠charge of participation in a “terrorist” criminal association, covering potential ‌links to accomplices or a broader network, it said.

“Vigilance remains at a very high level,” said Nunez on X, thanking “security and intelligence forces, who are fully mobilised under my authority” in what he called the “current international context”, seemingly with reference to the escalating situation in parts of the Middle East amid the US-Israeli war on Iran.

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Earlier in the week, Nunez had said that authorities had stepped up the personal protection of some figures from the Iranian opposition and increased security around sites that risked being targeted, including sites linked to US interests and to the Jewish community.

A spokesperson for Bank of America told Reuters the organisation was “aware of the situation” and “communicating with the authorities”.