Economy of Mexico banks”, bonded warehouses, bonding companies and foreign-exchange firms. A wave of acquisitions has left Mexico's financial sector in foreign hands. Their foreign-run affiliates compete with independent financial firms operating as commercial banks, brokerage and securities houses, insurance companies, retirement-fund administrators, mutual funds, and leasing companies. Mexico has a single securities market, the Mexican Stock Exchange (Bolsa Mexicana de Valores, known as the Bolsa). The market has grown steadily, with its main indices increasing by more than 600% in the last decade. It is Latin America's second largest exchange, after Brazil's. The total value of the domestic market capitalization of the
Rancho Bolsa de San Felipe Rancho Bolsa de San Felipe Rancho Bolsa de San Felipe was a Mexican land grant in present-day San Benito County, California given in 1840 by Governor Juan B. Alvarado to Francisco Perez Pacheco. Bolsa means "pockets" and refers to pockets of land in the Tequisquina Slough. The grant was bounded on the north by Rancho Ausaymas y San Felipe and the south by Rancho San Justo, and encompassed Dunneville. The two square league grant was made to Francisco Pacheco, who was the owner of Rancho Ausaymas y San Felipe and Rancho San Justo. Francisco Perez Pacheco (1790–1860), born in Mexico,