Banker David Drumm, former AIB boss, held in US custody and faces extradition

Arrest follows request by Dublin prosecutors who are pursuing executives over massive failure of Allied Irish Bank, which needed huge government bailout US marshals in Massachusetts have arrested David Drumm - the former chief executive of Anglo Irish Bank (CEO) seen as a culprit in Ireland's banking crisis - on an extradition warrant, according to the US attorney's office in the state. Drumm would remain in custody until his hearing in federal court in Boston on Tuesday, said US attorney's offi...