Chris Cumming

Bank of America (BAC), Alcoa (AA) and Hewlett-Packard (HPQ) will be dropped from the Dow Jones industrial average next week in a shake-up of the blue-chip stock index.

Old National Bancorp in Evansville, Ind., has agreed to buy Tower Financial in Fort Wayne.

Cardinal Financial Corp. (CFNL) has agreed to buy United Financial Banking (UFBC) for nearly $52 million. The two companies are in the northern Virginia suburbs of Washington.

UMB Financial (UMBF) in Kansas City, Mo., is planning a stock sale that could bring in as much as $257 million.

Its purchase of an Alabama software company has given Geneva-based Temenos a leg up in the U.S. core banking market.

Capital One has bolstered its commercial-lending team by hiring bankers away from JPMorgan Chase and the CIT Group.

The Federal Reserve Bank of Atlanta has approved two Atlantic Coast Financial (ACFC) board nominees proposed by dissident investor Jay Sidhu.

California’s legislature has voted to reform a money-transmission law that has come under fire for stymying payments innovation.

Neil Barofsky, who became known as a staunch advocate for transparency and accountability as the watchdog of the Troubled Asset Relief Program, is joining the law firm Jenner & Block as a partner.

California's legislature has voted to reform a money-transmission law that has come under fire for stymying payments innovation.

Iberiabank Corp. (IBKC) in Layfayette, La., has agreed to buy Synovus Financial (SNV) operations in Memphis.

F.N.B. Corp. (FNB) in Pittsburgh has launched the first fund from its new small-business investment company.

Standard Financial (STND) in Monroeville, Pa., plans to delist from the Nasdaq and cease reporting with the Securities and Exchange Commission.

Old National Bancorp (ONB) in Evansville, Ind., has agreed to sell two branches in Indiana: one to MainSource Financial, and one to River Valley Bancorp.

Fiserv has introduced a service to help companies predict their customers' behavior.

The Federal Deposit Insurance Corp. has terminated a consent order for Idaho First Bank in McCall.

Stonegate Bank (SGBK) in Fort Lauderdale, Fla., has agreed to buy Florida Shores Bancorp in Pompano Beach.

Michael Kubacki plans to give up the CEO role at the $3 billion-asset company and its bank after its annual meeting in April 2014.

Machias also agreed to acquire the assets at the six banks, including loans and real estate, and about $75 million of deposits, the companies said when they announced the sale in July.

The $2.6 billion-asset Community & Southern has agreed to pay $11.80 per common share of Verity, the companies announced Wednesday.