You will definitely get a call if you apply. Bloomberg filters out very few people through resume screening. For direct hires they start with I/Q/Programming test. The test is timed and you have 90 seconds for each question. Pretty challenging. There are some easy questions like counting the number of occurrences of a particular word in a paragraph. This is where they filter most of the candidates.
Got a mail for phone interview on the same evening as the test. Phone interview for 1 hour - problem solving, puzzles and data structures. This was ok.
Got call for onsite interview the same evening as the phone interview. Gave my availability. Interview postponed thrice because of Weather. Had to fly from Texas to NY. No problem at all, very good coordination each time. Finally got there. 1st round of interview (Panel of 2), all technical data structures, problem solving using data structures and puzzles. This was somewhat difficult. 2nd round (1:1 manager), same thing, little difficult. 3rd round (HR) - just formality I guess. Offered job in 2 days. Accepted in 2 weeks.
Accommodation and travel provided. Gift card for expenses.