James D. Wolfensohn, an Australian-born investment banker who helped arrange a bailout of Chrysler Corp. in 1980 and was president of the World Bank for a decade starting in 1995, died early Wednesday at his home in Manhattan.

Mr. Wolfensohn, who was 86 years old, had a variety of ailments in recent years and died of pneumonia, unrelated to Covid-19, said his son, Adam Wolfensohn.

A…

This post first appeared on wsj.com

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