UK subprime lender Amigo abandons sale, chairman resigns

LONDON (Reuters) - British subprime lender Amigo is no longer up for sale after a potential bidder pulled out of the process and its chairman Stephen Wilcke resigned on June 7, it said on Monday.There were no other offers for the company, Amigo said in a statement.The Financial Conduct Authority said last week it had launched an investigation into Amigo's creditworthiness assessment process.Amigo was not recommending a final dividend for the year ending March 21 2020 and expected to report a..