England’s Barclays Bank says Rich Ricci will head Lehman Brothers’ merger into Barclays. Rich Ricci is currently COO for Barclay’s investment banking and management divisions. Ricci will oversea the M&A details of the Lehman broker-deal unit bought last week by Barcalys.

Barclays says under Ricci that Lehman should be “business as usual” shortly. The merger was approved Friday by a U.S. bankruptcy judge on Friday.

Rich Ricci will reportedly move to New York to lead Lehman’s IB and cap markets divisions.

Meantime, as broke here on LALATE days after the Barclays deal, private equity firms Bain Capital and Hellman & Friedman are said to be negotiating to jointly buy operating units of Lehman Brothers. Lehman, Bain and Hellman & Friedman are not commenting.