MPS share price incompatible with fundamentals says CEO

(see related)(ANSA) - Rome, January 20 - Current Monte dei Paschi di Siena (MPS) share prices are incompatible with the firm's fundamentals, CEO Fabrizio Viola said Wednesday. "The current, wholly anomalous trend has no basis in the bank's fundamentals, which improved in the third quarter, confirming the (positive) trend of the first nine months of the year," Viola said.
    Earnings are up and costs are down, he added. However MPS shares continued suspended in midmorning trading (-16%).