Continental capitalists can congregate here (5)

I believe the answer is:

paris

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'continental capitalists can congregate here' is the definition.
The answer is a location as well as being a singular noun. This is suggested by the definition.

This is the entire clue.

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(Other definitions for paris that I've seen before include "where plaster comes from?" , "I spar (anag)" , "Arc de Triomphe city" , "English chronicler" , "French department" .)

I've seen this clue in the Evening Standard.

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