UBS, the region's largest bank by assets, rallied

UBS, the region's largest bank by assets, rallied the most in more than six years after saying it seeks to raise 15 billion Swiss francs ($14.9 billion) in a rights offer. Credit Suisse Group and UniCredit SpA also paced gains by financial shares. Infineon Technologies AG, Europe's second-biggest semiconductor maker, led technology stocks higher after Elpida Memory Inc. of Japan said it will raise chip prices.