If you live in a place where winter makes even a brief appearance — and your wardrobe leans corporate, or you simply appreciate the polish of that aesthetic — then you're likely familiar with the Banker’s Coat. This style isn’t new. The name itself may have started off half-serious, a nod to the coats commonly seen on Wall Street in the late ’80s and ’90s. Over time, though, the silhouette has become something more enduring.

It’s not just bankers who’ve embraced it. The coat has graced the shoulders of icons like Fran Lebowitz, Patti Smith, and Pina Bausch, each lending the garment a different kind of edge. And now, in recent years, this structured outerwear has made a quiet return, once again cementing its place in the broader language of contemporary fashion.

You might be wondering: what exactly makes a Banker’s Coat different from any other kind of coat? There’s no single defining rule, but it’s the shape and feeling that set it apart. It’s a coat with presence. Broad shoulders, strong lapels, and a long, clean line from top to bottom define it. What you won’t find are cinched waists or tailored darts. The Banker’s Coat hangs straight, with a stiffness and symmetry that gives it a kind of commanding elegance.

As winter approaches, the Banker’s Coat feels especially relevant for those of us here in Australia: practical for the cold, but still sharp enough to make an impression. Whether it’s already a staple in your closet or an item you’ve pinned endlessly to your mood board, now’s the perfect time to embrace it. Below, we’ve pulled together a few of our favourite versions — pieces we love, wear, or aspire to own. Check them out below.

ST AGNI Tailored Maxi Coat

ACNE STUDIOS Single-Breasted Wool Coat

FRIEND OF AUDREY Double Breasted Longline Wool Coat

THE FRANKIE SHOP Gaia double-breasted coat

COS Oversized Double-Breasted Wool Coat

CHRISTOPHER ESBER Talus Twill Coat

FRIENDS WITH FRANK Vera Coat

HARRIS TAPPER Long Egon Coat

WARDROBE NYC Hailey Bieber double-breasted wool coat

LEE MATTHEWS Florentine Cashmere Coat

LOEWE Double-Breasted Coat in Cashmere

For more in the way of winter round ups, RUSSH has you covered. From knee high boots, the best in knitwear, winter coats and RUSSH editor favourites, you're sorted all season.