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 U.S. officials arrested David Drumm, 49, at his home in the
wealthy Boston suburb of Wellesley on Oct. 10 after Irish officials
asked that he be extradited to face a 33-count criminal indictment
related to the collapse of the bank, which was nationalized in early
2009 in a takeover worth some 30 billion euro ($33.8 billion).
He has been held in federal custody since his arrest and has denied
any wrongdoing.
U.S. court records do not indicate what lawyers plan to address at
Thursday's hearing, but Ireland's weekly Sunday Business post quoted
Drumm as saying in an interview that he was prepared to drop the
extradition fight.
 "I have instructed my U.S. attorneys last week to explore all
opportunities with the U.S. and Irish authorities to expedite a
return to Ireland," the newspaper quoted Drumm as saying. "I have
given clear instructions that all rights to challenge the
extradition in the U.S. should be waived and no other options
available to me should be pursued in order to facilitate an
immediate return to Ireland."
A lawyer for Drumm declined to comment on the Irish newspaper
report.
The hearing had initially been scheduled for Monday but was delayed
due to a snowstorm.
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Drumm faces charges in Ireland including forgery, conspiracy and
false accounting for fraudulent loans the bank made in 2008 intended
to help prop up its share price, which was plummeting during the
global financial crisis.
An Irish court in July sentenced three lower-ranking executives of
the bank to serve 18 to 36 months in prison, making them the first
bankers jailed since the country's financial crash.
($1 = 0.8875 euro)
(Reporting by Scott Malone; Editing by Lisa Shumaker)
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