Norton Rose has strengthened its Frankfurt office with the hire of Mayer Brown Rowe & Maw banking associate Caroline Herkstroeter as a partner. Herkstroeter, who specialises in regulatory and investment law, becomes the UK firm's eighth partner in its German banking group, which is spread between Frankfurt and Munich offices. This is the latest move by Norton Rose to strengthen its German banking and finance capabilities and follows the firm taking on White & Case Frankfurt banking partner Stephen Hodgson.