UniCredit Said to Prepare Rival Bid for Commerzbank: FT

The video discusses the potential involvement of UniCredit in the merger talks between Commerce Bank and Deutsche Bank. While UniCredit is not planning to gatecrash the deal, they are prepared to step in if the talks fail. The merger faces regulatory hurdles and public opposition, with potential job cuts. A comparison of default protection among European banks shows Deutsche Bank as the riskiest. The Financial Times reports ongoing coverage of the situation.

What are the implications of the ongoing talks for employment, as mentioned in the text?

How does Deutsche Bank compare to the other banks in terms of risk, based on the chart mentioned?