European bank failure

I've seen it widely reported that the reason behind the various central banks of China, Japan, Switzerland, the ECB, England, US coming together to allow cheaper dollars to banks is that a major European bank was close to failure on Thursday of last week. Anyone know which one?

Credit Agricole apparently.

Hmmm, watch out all you Keytraders.

You would be astray in the head. I am in the process (which I might add is not a straightforward one) of setting up an account with CA Britline for fear of deposit safety here. Now to hear this! Envelope with documentation ready to go but don't know what to do now.