Sanctioned Russian billionaire banker Mikhail Fridman was locked out of the private-equity firm he cofounded and staff were told to ignore him, report says

• Russian banker Mikhail Fridman stepped down from the board of the investment firm he cofounded.

• Fridman was barred from entering LetterOne’s offices and speaking to employees, per the FT.

• The billionaire is among oligarchs sanctioned by the EU in response to Russia’s invasion of Ukraine.

Russian billionaire and banker, Mikhail Fridman, was locked out of the investment firm he cofounded after he was hit by…