Capital Markets

Desjardins ad

Capital Markets

200 institutional investors in Canada, the U.S. and Europe. Image

About Desjardins Capital Markets

A financial services leader in North America

Desjardins Capital Markets is a leading North American financial services firm and a division of Desjardins Financial Group, Canada's leading cooperative financial group with more than $250 billion in assets.

Desjardins Capital Markets favours an integrated approach, offering clients in the institutional, corporate and public sectors all over the world direct access to experienced Desjardins Group professionals and a wide range of products and services.

We deliver comprehensive, value-added products and services to our corporate, cooperative, and institutional clients.

Integrated Approach - Corporate banking - Investment banking - Preferred shares - Equities - Fixed income - 

Our fully integrated approach aligns our broad research capabilities and proven sales and trading force with experienced corporate and investment banking teams, while leveraging our extensive retail network.

Alphonse Desjardins founded the first "caisse populaire" or people's bank, in Lévis Quebec on December 6, 1900, and operations began on January 23, 1901.

Hundreds of similar "caisses" started up over the ensuing decades until a provincial organization under the name Desjardins was formed in 1932. Desjardins Financial Group now has the second-largest branch network in Canada.

In the following decades, Desjardins diversified beyond its retail banking origins to offer a comprehensive range of products and services, including:

  • insurance
  • asset management
  • estate planning
  • venture capital
  • wealth management
  • advisory and M&A
  • capital markets
  • personal banking
  • small and medium enterprise financing
  • credit cards

Today, Desjardins is one of the best capitalized financial institutions in the world with more than $250 billion in assets. It is one of the world's safest financial institutions, with a Tier 1 capital ratio (15.8%) and one of the highest credit ratings in the Canadian banking industry: Moody's Aa1; Standard & Poors AA-; and Dominion Bond Rating Service (DBRS) AA.

According to Bloomberg's World's 20 Strongest Banks ranking, updated July 29, 2015, Desjardins Group is the leading cooperative financial group in Canada and ranks first among the strongest banks in North America and fifth in the world.

Desjardins's entry in this ranking comes 1 month after the publication of New York-based magazine Global Finance's World's 50 Safest Banks, which ranks Desjardins 4th among the safest financial institutions in North America.

Desjardins Capital Markets

Desjardins Capital Markets was formed to leverage the Desjardins platform and provide a fully integrated approach to institutional, corporate and public sector clients.

Our services include corporate and investment banking, equity and fixed income research, sales and trading, and fixed income.

Capital Markets


Jean-Yves Bourgeois
Managing Director
Group Head, Capital Markets
Contact by e-mailJean-Yves Bourgeois

Jean-Yves Bourgeois joined Desjardins in 2010. Prior to joining Desjardins, Mr. Bourgeois was Managing Director, Head of the Quebec Region, and member of the Executive Committee at Canaccord Adams. Jean-Yves has also served in similar roles at HSBC Securities, TD Securities and Gordon Capital. He holds an MBA from McGill University.

François Carrier
Managing Director
Head of Investment Banking
Contact by e-mailFrançois Carrier

François Carrier joined Desjardins Capital Markets in 2011, as Managing Director, Investment Banking. He had previously held a similar position with a bank-owned investment dealer. François has been active as an investment banker since 1999, when he began his career at an independent investment bank. His professional practice is varied and serves issuers of all sizes, private and public. He has advised issuers in the context of initial public offerings, new issues, private placements and M&A activities, in Canada, Europe and the United States. He is a graduate from the Faculty of Law at McGill University.

Craig Brenner
Managing Director
Head of Institutional Equities
Contact by e-mail Craig Brenner

Craig Brenner joined Desjardins in May 2012 following more than 15 years in the securities industry. He first began his career in the US technology sector as a research analyst for Gartner Group. Craig's initial move into institutional sales was at SoundView Technology Group followed by a leading position with start up American Technology Research.

Returning to Canada in 2005, he held senior executive positions at CIBC World Markets, Orion Securities and Macquarie Capital Markets Canada where he was made Managing Director, Head of Institutional Sales for the company's Canadian operations. Craig graduated with a BA from Wilfrid Laurier University and holds an MBA in Finance from McMaster University.

Bill Cabel
Managing Director
Head of Research
Contact by e-mail Bill Cabel

Bill Cabel joined Desjardins Securities in 2014. Bill previously worked at Stifel Nicolaus, Jacob Securities and TD Newcrest in equity research. Subsequently, Bill was appointed Head of Research. Bill holds a BA, Honours and Life Sciences and an MSc in Neuroscience from Queen’s University and an MBA in Finance and Accounting from the Schulich School of Business.

Mathieu Talbot
Managing Director
Head of Corporate Banking
Contact by e-mail Mathieu Talbot

As Managing Director and Head of Corporate Banking at Desjardins Capital Markets since January 2017, Mathieu Talbot is responsible for the business development, management and leadership of his sector. He is an active contributor to the strategic alternatives undertaken by Capital Markets as well as a member of its management committee.

Since joining the ranks of Desjardins in 2011, Mathieu has held several positions, including Managing Director and Head of Syndication which involved oversight responsibilities regarding the execution of syndicated loans for Desjardins’ commercial and corporate financing platforms.

The Corporate Banking Group serves a diversified gamut of public and private companies in need of complex and innovative financing structures. The Group has become a leading player in the financing of public and private infrastructure in Canada, thanks to its in-depth understanding of challenges involved with alternative funding arrangements as well as its ability to assist clients with large-scale projects.

Prior to joining Desjardins, Mathieu spent several years working in banking syndication and investment banking for another leading Canadian financial institution. He holds a joint MBA degree from York University/Université Laval.

Martin Bellefeuille
Managing Director
Head of Fixed Income, Sales and Trading
Contact by e-mail Martin Bellefeuille

Martin holds a Bachelor of Commerce degree from McGill University as well as an MBA from Ecole des HEC in Montreal. Martin started his career in finance with Casgrain & Company Ltd, before joining Desjardins Securities in 2007. Martin was appointed Head Trader of the Fixed Income Group in 2011.

Ryan Godfrey
Managing Director
Head of Origination and Syndication, Capital Markets
Contact by e-mail Ryan Godfrey

Ryan joined Desjardins Securities in 2008 and has over 15 years of experience in managing debt capital markets transactions for Canadian and international borrowers. Previously, Ryan was with HSBC in debt capital markets and investment banking. Ryan has extensive experience in a broad range of debt capital markets transactions, including lead management roles for large government, financial, corporate, infrastructure and Maple borrowers. Ryan is a graduate of the Richard Ivey School of Business.

Our offices in Montreal, Toronto, Calgary and Vancouver serve both domestic and international clients. Our national presence allows us to efficiently deliver global solutions adapted to the specific needs of our clients, in the areas of corporate and investment banking, equity, fixed income and research.

1170 Peel Street
Suite 300
Montréal, QC
H3B 0A9

25 York Street
Suite 1000
Toronto, ON
M5J 2V5

110 9th Avenue SW Suite 410
Calgary, AB
T2P 0T1

401 West Georgia Street Suite 1050
Vancouver, BC
V6B 5A1

European Securities Network
In addition to our Canadian presence, we also provide our clients with access to international markets through our exclusive distribution agreement with European Securities Network (ESN), a consortium of 9 European investment banks with access to over 1,000 institutional investors in Europe.

For more information about ESN, please contact:

Jean-Yves Bourgeois
Managing Director
Group Head, Capital Markets
Contact by e-mail Jean-Yves Bourgeois

Craig Brenner
Managing Director
Head of Equities
416 867-7590
Contact by e-mail Craig Brenner