Löbbecke bank

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  Löbbecke bank
logo
Country GermanyGermany Germany
Seat Behrenstrasse 36
10117 Berlin
legal form Branch of MMWarburg & CO (since 2016)
Bank code 100 305 00
BIC LOEB DEBB XXX
founding 1761
Website www.bankhaus-loebbecke.de
Business data 2014
Total assets 161.6 million euros
insoles 141.1 million euros
Customer credit 48.0 million euros
Employee 41
Offices 3

The private bank Bankhaus Löbbecke AG , headquartered in Berlin , was founded in 1761 as a trading house in Iserlohn , settled in Braunschweig as early as 1763 and finally belonged to the Hamburg private bank MMWarburg & CO since the end of 2003 , with which it was merged in 2016.

The bank focused on private customer business and asset management for financially strong clients and companies. It also offered the management and processing of non-performing loans within the framework of trustee and service agreements .

history

Carl Friedrich Löbbecke

In 1761 Johann Hermann (1727–1793) and Johann Melchior Löbbecke (1728–1783) founded the trading house Löbbecke in Iserlohn. Already in 1763 the branch in Braunschweig, An der Martinikirche 4, was founded, which dealt with shorts , jewelry and metal goods. In 1783 Johann Melchior's son Carl Friedrich Löbbecke became the sole managing director.

Around 1800 the trading house also added cotton fabrics to its range and increasingly took over exchange and forwarding businesses. In the middle of the 19th century, the pure banking house Gebrüder Löbbecke & Co. was established , responding to the growing need for capital as industrialization began .

The bank administered the private assets of the ruling Duke Wilhelm and served the upper class of the region. She leased the Braunschweig State Lottery until 1911 .

The family included Luise Löbbecke (1808-1892), who made a contribution to welfare work and in 1862 was the first woman to become an honorary citizen of the city of Braunschweig.

Headquarters in Braunschweig

In 1880/81 the banker Alfred Löbbecke had the villa Löbbecke built on today's Inselwall ("Löbbeckes Insel") by the Brunswick architect Constantin Uhde and the garden architect Friedrich Kreiß , which was destroyed in 1944 and after reconstruction from 1968 to 2008 housed the guest house of the TU Braunschweig . The building, which is now vacant, was sold by the Braunschweig University of Applied Sciences to the Braunschweig investor Klaus Gattermann in 2009 for 700,000 euros and has been in commercial use since 2011. The current bank building in Braunschweig was also built by Uhde in 1892.

During the banking crisis of 1930, the bank was converted into a limited partnership , in which the Braunschweigische Staatsbank , a forerunner of today's Norddeutsche Landesbank , participated.

In May 1946, the then owner Rudolf Löbbecke committed suicide. Despite recurring crises, the Löbbecke family was able to hold management positions for six generations until 1983, when the bankruptcy of a local craft business put the bank in another difficult position and an important limited partner insisted on payment. The last personally liable partner was Carl-Friedrich Löbbecke.

In 1983 the Norddeutsche Landesbank became the sole shareholder. In the late 1983 she sold the bank to the Berlin banker Günter Follmer and co-investors. In the following years this led the bank to a renewed boom, with the bank's balance sheet volume increasing from DM 30 million in 1983 to DM 6.3 billion in 1995. In terms of size in terms of balance sheet volume, this made the bank the second largest German private bank after the private bank Sal. Oppenheim . The growth initiated by the banker Follmer went hand in hand with a comprehensive realignment and modernization, as well as a spatial expansion beyond the Braunschweig area to Berlin (headquarters), Frankfurt / Main, Munich, Dresden and Magdeburg. In 1989, the Italian acquired CARIPLO the qualified majority . Even before German reunification , the bank opened a branch in East Berlin in 1990. With the unexpected death of banker Follmer in 1995, the expansion phase of the bank ended. Along with the economic difficulties in the German banking industry as a whole, triggered among other things by the unsatisfactory economic development in the new federal states, but also the consequences of its own strategic decisions, the bank went through a loss-making period of realignment from 1996 to at least 2000.

After some mergers and restructuring of the Italian parent company, which held the entire share capital from 1997, the bank became a full subsidiary of the Hamburg-based private bank MMWarburg & CO KGaA on December 22, 2003 and thus had a completely private partner background again. According to the Federal Gazette of July 12, 2006, Bankhaus Löbbecke GmbH & Co. KG had merged with MM Warburg & Co Second Capital Participation Company mbH and at the same time was renamed Bankhaus Löbbecke AG. This merged into the parent company MMWarburg & CO in 2016 . Today the Löbbecke bank operates as a branch of the Hamburg private bank.

The Berlin seat of the bank was last housed in the former headquarters of the Dresdner Bank and later the building of the State Bank of the GDR on Behrensstrasse.

literature

Web links

Individual evidence

  1. ↑ a b Master data of the credit institute at the Deutsche Bundesbank
  2. ↑ Annual report 2014
  3. ↑ Warburg Bank goes on the offensive with structural reform - Kurztext boersen-zeitung.de. In: www.boersen-zeitung.de. Retrieved October 10, 2016 .
  4. ^ City of Braunschweig , Villa Löbbecke
  5. ↑ Braunschweiger Zeitung , September 11th, 2009. On Löbbecke's villa, see also the Internet project “Vernetztes Gedächtnis” of the city of Braunschweig.
  6. ^ Braunschweiger Zeitung , September 3, 2010, Braunschweiger Zeitung , September 10, 2010.
  7. ↑ Locations , accessed on September 2, 2019.

Coordinates: 52 ° 30 ′ 56.9 "  N , 13 ° 23 ′ 37.1"  E