UPDATE 1-Credit Agricole says it is on track to meet targets after strong Q3
PARIS, Nov 7 (Reuters) - French bank Credit Agricole is on track to meet all its financial targets after it reported higher profits in the third quarter, its chief executive said on Wednesday. Large European banks such as Credit Agricole are juggling to boost profits while increasingly demanding regulations limit the extent to which they can undertake high-risk activities. Credit Agricole's results came a week after French rival BNP Paribas also posted higher third quarter profits, although BNP Paribas' results also showed some signs of weakness at its investment banking arm. Revenue from Credit Agricole's corporate and investment banking also held up well during the quarter, with an overall 4.4 percent growth in revenues even though its fixed-income, commodity and currency trading arm was hit by adverse market conditions.