Major banks, including JPMorgan Chase, Citigroup, Goldman Sachs and Wells Fargo, have reported their third-quarter earnings, which revealed a common theme. Credit trends have improved, allowing banks to release their loan-loss reserves. The banks also touched on Basel III, with JPMorgan CEO Jamie Dimon saying that banks likely will comply with the rules more quickly than expected. Goldman expects its Tier 1 common ratio to close in on 8%, headed toward 11% by the end of 2012. The data indicate Goldman is in the best position to meet minimum standards outlined in Basel III.