The Portuguese government's tax amnesty on repatriated funds is expected to channel an influx of euros into the country's private banking sector. Yet banks must meet the post-crisis needs of investors with new portfolios favouring simpler structured products with a capital guarantee.rnPortugal's private banking and asset management industry is preparing for an unprecedented influx of cash as a result of a government tax amnesty on repatriated funds. The global financial crisis is expected to make the reprieve highly attractive to private banking clients, but market turmoil has also brought about a fundamental change in how they invest.
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