David Drumm's hearing in the US where he was expected to volunteer to return to Ireland has been cancelled due to a snow storm forecast for the Boston area. 

The former Anglo Irish Bank chief executive has indicated he no longer wishes to fight an extradition request from the Irish authorities.

Mr Drumm resigned from Anglo Irish Bank in December 2008 and moved to the US in 2009 where he has lived since.

In October of last year, he was arrested at this home in Wellesley, Massachusetts, on foot of a request from the Government, as he is wanted to face 33 charges before the Irish courts, relating to his time in charge at the bank and efforts to shore up the bank's share price and balance sheet.

He has been in prison for almost four months, and has been refused bail twice, while he has fought the extradition request.

Snow in Boston delayed the hearing

That extradition hearing is currently set for 1 March, but the former banker's lawyers had requested a special court session for today when it was expected Mr Drumm would officially inform the court that he is willing to submit to the extradition request and return to Ireland voluntarily.

Mr Drumm had sought a guarantee from the Director of Public Prosecutions that a bail application in Ireland would not be opposed, but its understood that the DPP has not agreed to such a request. 

Given the separation of powers, it is not possible for the DPP to make a deal relating to judicial decision-making.

If Mr Drumm does not surrender as expected, US authorities say it could take some time to organise his return journey to Ireland, as the US Marshals and An Garda Síochána organise the handover process.

The court has yet to schedule a new date for the hearing.