James D. Wolfensohn, who escaped a financially pinched Australian childhood to become a top Wall Street deal-maker and a two-term president of the World Bank, died Wednesday at his home in Manhattan. He was 86.

James D. Wolfensohn, who escaped a financially pinched Australian childhood to become a top Wall Street deal-maker and a two-term president of the World Bank, died Wednesday at his home in Manhattan. He was 86.