The Bloomberg terminal is pretty awful to use and management has no desire to change it significantly since there are lots of old time Bloomberg users who don't want it changed. If you enjoyed using computers in the 1980s, you might like the terminal.
There are no cubicles, only an open expanse of desks. Things get noisy, so it's hard to concentrate much of the time and anyone can see what's on your computer screen. The environment is such that you always feel like you're being watched and controlled. Your clock-in and clock-out times are prominently displayed on the Bloomberg terminal when someone searches for you. There is a culture of working long hours and while you get lots of vacation time, there are subtle ways where it's implied that you shouldn't be taking vacation.
Teams don't necessarily have any incentive to work with each other. If you're put on a project and have to work with another team, sometimes the managers can get protective of their turf. It's more about competition than cooperation. I've heard Bloomberg described as groups of factions battling each other to get a job done. There's some truth to that description.