"I think the fears of that hire have really been kind of put aside," said Harte, as Goldman seemed to be "trading with its peers" in midmorning trading on Tuesday.
With the firms still in the spotlight, this period might be difficult for investors in financials, Harte said, though he added that if they "look out even three months" investors "are going to be happy with a lot of the names."
Harte said he doesn't see "Citigroup having its tangible book value cut in half by losses and then earning a single digit (return on equity) after that, which is what the markets are implying now."
In the same interterview, Charles Bobrinskoy, co-portfolio manager of Ariel Focus Fund, said that the market volatility "does spit out some higher-quality names," including Goldman and KKR , that "have been dragged down."
However, he said the firm hasn't been investing in Bank of America and wouldn't under the current environment.
"Unfortunately, the liabilities here are less clear and the value of their assets are less clear," he said, citing concerns about their mortgage security holdings and capital levels.
WATCH:Harte explains why Goldman missed earnings expectations in the most recent quarter.
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CNBC's Companies in the News:
Bank of America
- Bank of America Shares Drop, Debt Insurance Costs Jump
Sandler O’Neill has received compensation from the above named companies for providing investment banking services and other services over the last 12 months. Disclosure information was not available for Charles Bobrinskoy or Ariel investments.