CHICAGO - John McCune, the longtime head of Wells Fargo Institutional Brokerage and Sales, is ready to travel, hit the golf course and hang out with his grandkids after a 40-year career spent at the firm that was propelled into the top 10 with its acquisition late last year of Wachovia Corp.McCune's departure comes as the firm has merged the broker-dealer practices of Wachovia Securities and Wells Fargo Brokerage Services and earlier this month launched its operations under the Wells Fargo Securities name with plans to expand its securities-related business.

"I would tell people at age 55 I planned to be retired, but by 60, I don't know what happened," McCune said in an interview ahead of his Aug. 14 retirement.

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