Isn't it co-incidental that Ajay Banga, ex Citi, has done a deal with his former employer!

And half of MasterCard are all ex-Citi guys so this is too comfortable a deal.

Citi has closed down most of their international credit card operations. And those same Citi people who ran the Citi business into the ground have now gone to MasterCard...and hopefully they wont run MC into the ground.