lombard, n. — Green’s Dictionary of Slang

lombard n.

[an acronymic pun on the 17C Lombards, natives of Lombardy who provided Europe, including London, with its leading bankers. One of a rash of acronyms coined during the mid-1980s, lombard described many of the newly rich young men who populated the City of London]

loads/lots of money but a right/real dickhead.

2002

Guardian Sport 9 Mar. 24: In my first finals series at the club I was skippered by a plonker, now thankfully departed, whom we used to call Lombard: Lots Of Money But A Real Dickhead.