It was a piece of land granted by King Edward I to goldsmiths from a part of Northern Italy known as Lombardy (larger than the modern Lombardy region).
It is the site of the church of St Mary Woolnoth, and number 54 was the long-standing headquarters of Barclays Bank before they moved to One Churchill Place in Canary Wharf. Until the 1980s most UK based banks had their head offices on Lombard Street and historically it has been the London home for money lenders.
The church of St Edmund the King and Martyr stands on the north side close to Gracechurch Street. Destroyed during the Great Fire of London during 1666, the church was rebuilt during the 1670’s by Sir Christopher Wren. It is no longer open for regular worship and now performs service as the London Centre for Spirituality. A garden at the rear of the church in nearby George Yard, if albeit of modest proportion, appears alas, not to be open to the public.
'Lombard Street to a China orange' is a phrase which means very badly stacked odds. (Lombard Street signifying wealth of the Italian Lombard merchants in London and China orange poverty and want)