Top American banks are finding a much-needed infusion of capital from abroad. For the moment, shareholders have not voiced any discomfort with the arrangements. Not so at UBS, where shareholders are none too pleased with the bank's plans to accept a massive infusion from Singapore and the Middle East. The Middle East investor has been kept anonymous; the Financial Times reports the investor is from Saudi Arabia. Some shareholders would like the investor made public. They also have suggested that the interest paid on the convertibles is way too high at 9 percent. As of now, no one is demanding that the recapitalization plans be scuttled. But you never know.  

For more:
- here's the Financial Times article