The company was founded in 1981 by Michael Bloomberg, who started out as a trader at Salomon Brothers on Wall Street.
Bloomberg also operates a global news service that covers financial, economic, and political news from around the world. In addition to its data and news services, Bloomberg offers a variety of financial tools and software for businesses and investors, including portfolio management, risk analysis, and trading systems.
The company has offices in more than 120 countries around the world, and its clients include banks, investment firms, government agencies, and corporations.