Capital markets
Benefit from the expertise of our specialists to accelerate your growth. Wherever you are, we offer personalized support.
What is Desjardins Capital Markets?
Desjardins Capital Markets is part of Desjardins Group, the largest cooperative financial group in Canada with more than $389 billion in assets. We are among the best capitalized and most secure financial institutions in the world with a Tier 1 capital ratio of 21.4%. Our credit rating is one of the best in the Canadian banking sector:
- Moody's Aa1
- Standard & Poor's A+
- Dominion Bond Rating Service (DBRS) AA
Why choose us?
Our comprehensive and integrated approach relies on our proven research capabilities, recognized sales and negotiation expertise, experienced corporate and investment banking teams and extensive network of retail clients.
We also have privileged access to international markets thanks to our exclusive agreement with European brokerage firms (European Securities Network) who deal with over 1,000 institutional investors in Europe.
The following figures demonstrate the expertise of our analysts and the trust our partners place in us.
Over one hundred twenty billion dollars in financing obtained since 2015
6th largest fixed-income security trader in Canada
$125 million ESG swap for the Paintearth Wind Project
Our transactions
Here are some transactions that show the scope of our abilities and the added value we bring to our corporate, public and institutional clients.
Caisse de dépôt et placement du Québec$1.5 billion
Co-lead arranger in green bonds
Couche-Tard$4.3 billion
Joint bookrunner
Guardian Capital Group Limited$750 million
Acquisition financial advisor
Our services and expertise
Thanks to our personalized approach, you'll benefit from direct access to our trusted collaborators and a wide range of products and services tailored to your needs.
Investment banking
Our in-depth market knowledge and industry experience are important factors that allow us to build strong relationships. Our expertise includes specialized services such as:
- Bond issuers advisory services (Debt Capital Market)
- Private and public equity transactions (Equity Market)
- Merger and acquisition support
- Private equity placement
We also play a leading role in many preferred share issues. Since 2002, we have co-managed more than $67 billion of preferred share underwritings.
Corporate banking
Whether you need to finance a project, manage your cash flow, or develop your business globally, our team of experts offers flexible and creative solutions.
Our track record and top-notch credit rating allow us to fully support your business strategy rollout.
We are a leader in private and public infrastructure financing in Canada, thanks to our mastery of complex issues and our ability to support large-scale projects.
Global markets
As a Canadian leader in fixed-income securities, we advise several bond issuers and offer turnkey solutions to a variety of investors, including over 250 institutional investors.
Our strength in equity sales and negotiations lies in a personalized approach, concrete strategic plans and the ability to maintain liquidity on the stock market. We strive to maintain a growing network of businesses that wish to invest or issue shares and we manage over 300 active institutional accounts worldwide.
We also offer innovative solutions and adapt to changing realities (derivatives, FX, swaps, etc.).
Economic research and studies
Our specialists' global studies help us analyze the economic context and its impact on markets.
Our research services focus on fundamental analysis of relevant companies and industries to help you make the best possible decision.
Our team consists of approximately 15 experienced analysts who regularly publish their reports with the most up-to-date information.
See our publications (a password is required)
Economic news
- Topic: Economic News Quebec: The Economy Held Strong in the Third Quarter December 20, 2024
- Topic: Economic News Canada: Retail Sales Are Up, but There’s Weakness Under the Hood December 20, 2024
- Topic: Economic Viewpoint 2024 Year in Review December 20, 2024
- Topic: Weekly Commentary 2024 Was In like a Lion and Out like a Lion December 19, 2024
Our team
François Carrier
Managing Director
Head of Capital Markets
François Carrier is Managing Director and Head of Capital Markets at Desjardins, where he leads a team responsible for advising, structuring and executing a wide range of financial and strategic transactions for corporate, government and institutional clients in Canada and abroad. With over 25 years of capital markets experience gained at independent and bank-owned investment dealers, François has a proven track record of driving growth and delivering innovative financial solutions for clients across diverse industries. François is a graduate of the Faculty of Law at McGill University and has been called to the bar in Quebec and the state of New York. He is a board member of the Opéra de Montréal.
Mathieu Talbot
Vice President
Business Services and Corporate Banking
Mathieu Talbot is Vice President, Business Services Group and Corporate Banking. He's in charge of the business development and portfolio management activities for Desjardins's corporate and commercial banking sectors, which covers small businesses as well as Capital Markets clients across Canada and in certain regions of the United States. The teams under his leadership includes Corporate Banking, National Accounts, Real Estate Financing Group, Loan Syndication, Institutional Financing, in addition to supporting the structuring side of Desjardins's entire commercial banking sector. He also spearheads the newly created Sustainable Financing Group, Tech and Innovation Group and a specialized agriculture team.
Frédéric Girard
Managing Director
Head of Institutional Equities
Frédéric Girard joined Desjardins Capital Markets in 2019 as Managing Director. After working for Goldman Sachs in New York in global equity sales and trading, he joined the National Bank of Canada as the lead of equity trading for institutional clients. He has extensive knowledge of North American equity markets from both an investment and issuing perspective.
Pierre Morin
Managing Director
Head of Fixed Income Group
In 2010, after holding several roles at Goldman Sachs, TD Securities and HSBC, Pierre Morin joined Desjardins Capital Markets once again after previously working there for 10 years. As Senior Director and Head of the Fixed Income Group, he now oversees the trading, institutional sales, preferred share, financing, and futures and options teams.
Bill Cabel
Managing Director
Head of Research
Bill Cabel joined Desjardins Capital Markets in 2014 after working at Stifel Nicolaus, Jacob Securities and TD Newcrest in equity research and then as head of research. Bill holds a BSc in life sciences and an MSc in neuroscience from Queen's University and an MBA in finance and accounting from the Schulich School of Business.
Danny Charette
Managing Director
Head of Business Management & Strategic Operations
Danny Charette is Managing Director and Head of Business Management & Strategic Operations at Desjardins Capital Markets. He sits on the management committee of Desjardins Securities and the board of directors of Desjardins Securities International, of which he is also CFO. Before joining Desjardins in 2006, he held various positions in accounting and financial management in large-scale companies in Canada and Europe. He holds a bachelor's degree in accounting and an MBA in finance and accounting.
Ryan Godfrey
Managing Director
Head of Origination and Syndication
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, he was with HSBC in debt capital markets and investment banking. Ryan's extensive experience in capital markets includes lead management roles for large government, financial, corporate, infrastructure and Maple borrowers. He is a graduate of the Richard Ivey School of Business.
Pascal Drolet
Managing Director
Head of Investment Banking, Quebec
Pascal Drolet is Head of Investment Banking for Quebec and a member of Desjardins Capital Markets' executive committee. He has significant experience advising clients on a broad range of transactions, including mergers and acquisitions, private capital raises, initial public offerings and follow-on transactions. He covers public and private companies in a broad range of sectors, including tech, media and telecom (TMT), agri-food and diversified industries. Before joining Desjardins Capital Markets, Pascal worked at the Boston Consulting Group where he led the execution of mandates including operational restructuring, post-merger integration, organization design and business strategy. He holds a Bachelor of Business Administration from HEC Montréal and is a CFA charterholder.
Renaud Emond
Managing Director
Foreign Exchange, Derivatives and Network Support
Renaud Emond is the director of the trading and sales teams for foreign exchange and interest rate derivatives. He has a 30-year career specializing in fixed income, currencies and derivatives. His previous roles include Managing Director and Treasurer at Société Générale, where he excelled in corporate strategy, client management and capital markets. He holds a BA in Economics from Université Laval and has completed the Executive Leadership Program at Columbia University. Renaud’s expertise spans corporate strategy, global capital markets and mentorship, making him a leader in the institutional financial sector.
Mark A. Edwards
Managing Director
Head of Investment Banking, Ontario and Western Canada
Mark A. Edwards is Head of Investment Banking for Ontario and Western Canada and Head of Real Estate Investment Banking. He has over 20 years of real estate and capital markets experience in a wide array of real estate investment programs, including debt and equity financing, joint ventures, dispositions, and mergers and acquisitions. He holds an Honours degree in Urban Development from the University of Western Ontario.
Responsible investment
Sustainable development is our top priority and we wish to accelerate the transition to an economy that is more respectful of the environment and those inhabiting it. This is why we are committed to responsible finance by offering products that take into account environmental, social and governance (ESG) factors, while managing and selecting securities for our portfolios.
We're here to help you no matter your development stage.
Contact us
By phone
Monday to Friday: 9 AM to 5 PM