The bread and butter of any financial company is risk management. That includes foreseeing a pandemic as well as modelling the possibility of sudden stock volat

The bread and butter of any financial company is risk management. That includes foreseeing a pandemic as well as modelling the possibility of sudden stock volatility at 3am. If you don't envision such a clearly possible scenario as a bank , or a broker (your mortgage payment suddenly going to be x10 is not such a clearly possible scenario) you severely fucked up in your chosen field of business, period.