NY buildings
Office buildings in New York City.
  • Regional banks' troubles aren't over and remain "an area of concern", JPMorgan Asset Management's Jonathan Liang said.
  • They are facing increased risks of credit losses in the commercial-property sector, which may come under stress, he said.
  • "The story in banking is not over yet," Liang told Bloomberg on Wednesday. 

US regional banks have been at the center of the worst financial turmoil since the 2008 crisis, and their troubles are far from over, according to a JPMorgan Asset Management strategist.