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
Sindicato de Trabajadores Petroleros de la República Mexicana Sindicato de Trabajadores Petroleros de la República Mexicana The Sindicato de Trabajadores Petroleros de la República Mexicana (STPRM) is a trade union of oil workers in Mexico. It is the union for workers at the Mexican, state run, oil company Pemex. The union signed its first collective bargaining agreement with Pemex in 1942. In 2001, it was discovered that funds from the union were being illegally diverted to the campaign of Francisco Labastida by the union chief Carlos Romero Deschamps in a scandal known as Pemexgate. Eleven other officials, including the union treasurer, then senator Ricardo Aldana, were implicated in