[3] The bank concentrated on private customer business and asset management for financially strong clientele and companies.
In 1763 the branch in Braunschweig, An der Martinikirche 4, was already founded, which handled the trading of mercery, costume jewelry and metal goods.
In the middle of the 19th century, the pure banking house Gebrüder Löbbecke & Co. was founded, in response to the growing capital requirements of the start of the industrialization.
The bank managed the private assets of the ruling Duke Wilhelm and served the upper classes of the region.
The family included Luise Löbbecke (1808–1892), who rendered outstanding services to the welfare system and in 1862 became the first woman to become an honorary citizen of the city of Braunschweig.
The growth initiated by the banker Follmer was accompanied by a comprehensive realignment and modernization, as well as a spatial expansion beyond the Braunschweig area to Berlin (headquarters), Frankfurt/Main, Munich, Dresden and Magdeburg.
[2] This was merged in 2016 to form the parent company M.M.Warburg & CO. Today, Bankhaus Löbbecke operates as a branch of the Hamburger Privatbank.