Lombard Street (London)

The Lombard Street is a street in the City of London. It extends in a northwesterly direction from the Gracechurch Street to a main intersection at which meet the King William Street, Threadneedle Street, Cornhill, Poultry, Prince 's Street and the smaller Mansion House Pl. Here are the Bank of England and today's shopping center Royal Exchange, formerly the first stock exchange in London. The traffic is routed directly access this crossing, but in the King William Street.

The name comes from goldsmiths from Lombardy, where King Edward I had given the land to the road in order to settle in London.

Here had numerous British financial institutions since its founding until the 1980s headquartered. At number 32 1688 Alexander Pope was born. Over time, the road became one of the most important addresses of credit institutions in the City. Here was also the coffee house of Edward Lloyd, which later became Lloyd 's of London emerged.

1873, the British economist Walter Bagehot his book Lombard Street: A Description of the Money Market, in which he tried generally understood to represent the functioning of the money market activities.

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