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TeachMeFinance.com - explain Lombard Street historic definition... Lombard Street -- Lombard street itself is a street in London largely composed of banks, but the name Lombard Street applies to the whole of the banking centre of London. The Lombard Jews began banking in Italy in 808. Some of these Lombards afterward went to London and settled in the narrow thoroughfare which is called after them, Lombard street. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.