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Tom Clausen, Bank of America CEO, World Bank Chief, Dies at 89

A.W. “Tom” Clausen, who led San Francisco-based Bank of America before and after serving as president of the World Bank, has died. He was 89.

He died on Jan. 21 at Mills-Peninsula Medical Center in Burlingame, California, his wife, Helen, said yesterday in an interview. The cause was complications from pneumonia. Clausen was a resident of Hillsborough, California.