European markets head for higher open as the region's banks are watched closely

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European markets head for higher open as the region's banks are watched closely
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European markets are heading for a higher open at the start of the new trading week, with the region's banks under scrutiny.

s edged higher Sunday evening as Wall Street came off a winning week and investors continued to follow the troubling bank sector.The recent banking turmoil could bring the U.S.

"The U.S. banking system is resilient, and it's sound," he said when asked about the stability of the banking system and its ability to control further risks seen in California and New York. "I'm not saying that all of the stresses are behind us, I expect this process will take some time. But fundamentally, the banking system is sound," he said.CNBC Pro: Rivian shares keep hitting lows. Here's where Wall Street sees it going next.Its shares keep hitting lows recently. Is Rivian just a cash-burning company, or does Wall Street see significant upside for the stock ahead? Here's what they say.

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