The last bank with an antidilution clause...
Was Washington Mutual. It caused them no end of trouble.
Barclays has one.
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article5563223.ece
Implication - either Abu Dubai waives the clause or it is confiscation for Barclays.
If I were Abu Dubai I would be waiving the clause NOW.
But then I was not long Barclays - unlike SMFG who put almost 700 billion yen in only a little while ago. (Hey what is 700 billion yen between friends?)
John Hempton