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 las Escorpinas Rancho Bolsa de las Escorpinas Rancho Bolsa de las Escorpinas was a Mexican land grant in present-day Monterey County, California given in 1837 by Governor Juan B. Alvarado to Salvador Espinoza. The grant was northwest of present-day Salinas, bounded on the south by today's Espinosa Lake. Espinosa Road runs east–west through the former rancho lands. The first European land exploration of Alta California, the Spanish Portolà expedition, camped in the vicinity of Espinosa Lake on October 7, 1769. The party had spent the previous six nights near Blanco and continued north the next day to the Pajaro River, staying to