BlackRock Rehires Former Executive Mike Pyle

ChainCatcher reports that BlackRock Inc. is re-hiring Mike Pyle, a former senior aide to Harris who also served as an executive at the company.

In a memo to employees on Monday, BlackRock stated that Pyle, who had been informally providing economic advice to Harris's presidential campaign, will be returning as deputy head of a roughly $3.2 trillion department that advises investors on geopolitical and economic risks. This department falls under BlackRock's overall business, which manages $10.6 trillion in assets.