In order to get closer to the entreprenuers fueling the technology gold rush, bankers are packing up their San Francisco quarters and moving to the Silicon Valley. And the exodus has hit one San Francisco building particularly hard -- the Bank of America building at 555 California St. has seen several tenants leave in recent months, and others are rumored to follow.

In February, Banc of America Securities LLC relocated 60 investment bankers to Palo Alto. But 1,500 other employees remained at 555 California, many brokers and researchers among them.

Also partially relocating to Palo Alto is Salomon Smith Barney, which in June began moving its 90-employee technology investment from San Francisco. The company is keeping equity and sales employees in San Francisco.

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